Thomson Reuters expands psychological indices

Thomson Reuters expands psychological indices

Thomson Reuters has extended the analytics offered through its psychological-focused indices to include individual companies.


The MarketPsych Indices, which now include companies, aims to educate investors about how perceptions embedded in news, blogs and social media impact markets and trading strategies.

Thomson Reuters head of machine readable news James Cantarella said: “The addition of company-level Thomson Reuters MarketPsych Indices into our news and text analytics proposition extends our ability to help customers understand the behaviour driving financial markets.”

“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.”

The company-focused indices covers over 7,500 global companies and analyses data from 40,000 primary global news sources and 7,000 social media sites.

The MarketPsych Indices – developed in conjunction with MarketPsych LLC – already includes indices for countries, currencies, commodities and industries.

MarketPsych LLC managing director Richard Peterson said: “Through the lens of this data we can distinguish when investors overreact to information – generating price reversals – or underreact 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 expands psychological indices
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