News sentiment analysis of Building materials industry in US market, May 01 – May 07, 2018

News sentiment analysis of Building materials industry in US market, May 01 – May 07, 2018

 

The dashboard allows a quick view of industry level in meaner of news sentiment score and returns for the companies within the industry. In this example, we analyze the news sentiment of Building materials industry in US market, May 01 – May 07, 2018

The industry looks bullish as the majority of companies within the industry and got either bullish or bearish related news, are having news sentiment score above 0.5 which is the divider between bearish news sentiment and bullish news sentiment. The industry news sentiment for the period was 0.69 and 1.93% return.

The industry is led by Griffon (GFF) with 0.76 news sentiment score and 10.55% return after the company’ second-quarterer revenue increased 25% over the prior year quarter, driven by both acquisitions and organic growth in our Home & Building Products segment which as expected was partially offset by reduced revenue in Telephonics. Vulcan Materials (VMC) as the company got news sentiment score of 0.75 and 10.43% return after profit came in at $52.98 million, or $0.39 per share. This compares with $44.92 million, or $0.33 per share, in last year’s first quarter.

MDU Resources Group (MDU) got news sentiment score of 0.75 and 2.66% after the company reported first-quarter earnings of $42.4 million, or 22 cents per share, compared to $37.2 million, or 19 cents per share, in 2017.

Looking at the recent industry news sentiment score (0.69) suggests continuing the bullish trend

Insights for the data-driven investor’s

Big data provider for financial services. Using big data technology to reveal hidden insights from text within tens of thousands of news articles every day and by presenting this data in visually compelling with interactive dashboards on your PC, mobile and real-time API.

Filter out the noise, from +12,000 news items per day, receive and analyze only news items that matter to your strategy, that moves markets, in real-time 24/7.

We use big data, to aggregate in real-time more than 12,000 news items per day. Next, we filter the news using text and sentiment analysis of bullish and bearish keywords and phrases. It’s taken us less than a minute from the news release, analyze the news and send it.

We generate news sentiment score based on a machine-readable dataset and compare it with actual performance with interactive dashboards. Add any datasets to leverage your analysis even further in a secure environment.

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By | 2018-05-09T08:50:59+00:00 May 8th, 2018|case studies, Uncategorized|Comments Off on News sentiment analysis of Building materials industry in US market, May 01 – May 07, 2018
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