3rd Nov: Sentiment Analysis of the Apple Inc Stock – The Stockal …

3rd Nov: Sentiment Analysis of the Apple Inc Stock – The Stockal …

Question: do you think social and mass media sentiments are affecting some of the stock prices? No, we are not talking about a Tweet here or a popular Facebook post there from some mighty trader, we are talking about sentiments across the board, calculated over thousands of trader sound bytes!

Answer: ?

Well,  truly speaking – who knows! But the truth is that even though you may not be 100% sure about it, there is definitely enough evidence that following social and mass media is likely to give you an edge over the others. And “who knows”, you might catch that nugget of news that everyone misses because it comes in newspapers too late.

Here’s how Apple Inc (AAPL) stands as of today

Social Velocity: About medium relative social velocity – close to 50% of the day’s standard – suggests there were enough  discussions/conversations on AAPL to make it relevant for you to follow them. If you see this 2-3 weeks in a row,  you may want to keep watching the stock and its influencers.

Market sentiment: the one in this report has been derived from mass media. As you can see largely, neutral.

Sentiment variation over the last 6 days. The Orange like in the above graph is the variation in daily ending stock prices. We are not going to read too much into the apparent correlation between sentiment variation and the stock price changes just yet. But if we see this over the next 5-6 days, there might be a real chance something interesting is brewing on social media.

Important to note here that while the sentiment has been tracked up to yesterday, stock price variations occur only until last Friday. So it could be that the change in stock price, “caused” the sentiment to change – not that useful for investors but a good note for academic purposes. Admittedly, a different set of Tweets for the same timeline can lead to a slightly different visual.

Note: The above charts have been sourced from www.stockal.com – a Search Engine for Stock Traders & Investors who are looking for potential social signals regarding the stocks they are interested in.

Looking for a stock with a relatively positive sentiment outlook? You might want to check out Tesla Motors (TSLA) 

Continued – 

3rd Nov: Sentiment Analysis of the Apple Inc Stock – The Stockal …

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