Thomson Reuters Expands Financial Markets Psychological Analysis Service
(Thomson Reuters ONE) -
New Thomson Reuters MarketPsych Indices on companies deepen the insight
available to investors about how emotions and perceptions embedded in news,
blogs and social media impact markets and trading strategies.
New York, June 1, 2015 - Thomson Reuters has extended the analytics offered
through its MarketPsych Indices to include individual companies, alongside the
indices for countries, currencies, commodities and industries already available.
Behavioral economists have long recognized that investor perceptions affect
financial markets in predictable ways. News and social media are increasingly
driving investor activity, with many trading decisions based on emotional
responses to the stories circulating around particular companies or sectors.
The ability to measure the psychological state of the market as represented by
these emotional expressions offers significant advantages in defining effective
trading strategies. This is especially the case when applied at the level of
individual companies.
First launched in 2012, Thomson Reuters developed its MarketPsych Indices in
conjunction with MarketPsych LLC, a leading consultancy specializing in
quantitative behavioral economics. The indices provide easy-to-interpret, real-
time linguistic and psychological analysis of news and social media, converting
qualitative indicators - such as fear, performance forecasts, and trust in
management - into quantitative, actionable insight. The indices announced today
cover over 7,500 global companies, giving investors new levels of insight into
the dynamics behind market movements.
"The addition of company-level Thomson Reuters MarketPsych Indices into our news
and text analytics proposition extends our ability to help customers understand
the behavior driving financial markets," said James Cantarella, head of Machine
Readable News at Thomson Reuters. "They act as a powerful complement to the
tools and services we already offer in this area, helping our customers draw a
comprehensive and sophisticated picture of market dynamics and act with
confidence."
Drawing from a pool of 40,000 primary global news sources and 7,000 social media
sites, and covering historical media from 1998 to the present, Thomson Reuters
MarketPsych Indices deliver real-time streaming, multi-dimensional sentiment
data on more than 7,500 companies, over 180 countries and currencies, as well as
other asset classes.
"Thomson Reuters MarketPsych Indices shed light on how global economies and
stock prices respond to information," said Dr Richard Peterson, managing
director of MarketPsych LLC. "Through the lens of this data we can distinguish
when investors overreact to information - generating price reversals - or under-
react to news - precipitating trends. This new data helps investment
professionals see how markets behave under stress or during trends, and allows
them to systematically enhance investment and trading strategies."
Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for
businesses and professionals. We combine industry expertise with innovative
technology to deliver critical information to leading decision makers in the
financial and risk, legal, tax and accounting, intellectual property and science
and media markets, powered by the world's most trusted news organization.
Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges.
For more information, go to http://thomsonreuters.com.
CONTACTS
Dan Bradley
Thomson Reuters
+44 (0)20 7542 7024
dan.bradley(at)thomsonreuters.com
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originality of the information contained therein.
Source: Thomson Reuters Corporation via GlobeNewswire
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Unternehmensinformation / Kurzprofil:
Datum: 01.06.2015 - 11:19 Uhr
Sprache: Deutsch
News-ID 397036
Anzahl Zeichen: 4550
contact information:
Town:
New York
Kategorie:
Business News
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