Financial Research

Social AI

In our previous note on alternative data, we used Reddit to identify stocks that saw an uptick in their mentions coupled with unusual trading activity.In this note, we create a social media-based sentiment indicator by focusing on the sentiment implied in individual Reddit comments.For index-level...

Alternative Data: Sentiment from Social Media

Alternative Data: The Reddit Alert List

In our first foray into the world of unstructured data, we look into Reddit, in particular the WallStreetBets sub-reddit, to see if the data can be used to inform stock selection.While the total number of mentions on WallStreetBets is large, mentions tend to concentrate among the most popular stocks.Our Reddit...