Investors now have a new tool at their disposal to analyze companies and markets; Monitor is an analysis platform that analyzes news, opinion, and social media trends for over 7,000 public companies.
The platform analyzes an average of 92,000 news articles per day resulting in the “sentiment value” figures of particular companies which are delivered to your phone, tablet, or computer in a easy to understand digital interface.
The extremely versatile Monitor analysis software can give you useful standard market indicators, such as stock price and history, as well as comparisons of company competitors, web “mentions”, and sentiment trends based on realtime news analysis
“We know how important quick decisions are within this industry, and how vital technology is to accurate financial decision,” explains Monitr founder and CEO Dennis Lutsky. “The relationship between the two is key to the success of every investor in the market. Because of this, the Monitr team has selected number of important financial signals not just to analyze, but to turn into easily consumable and useful market information,” he says.
According to the Aite Group, over 50% of quantitative firms currently use machine-readable news feeds tracking news and social media trends.
“Stock market investor’s use of computer-based analysis on particular market signals has taken the world economy to a new level, shaping almost every trading decision being made today,” states Lutsky, adding that, “Monitr aggregates what we see as an underutilized source of market data, the news and information that people read and become effected by, which in turn influences their own perceptions.”
The Monitr platform strives to overcome the indigestible big data that most analytics software use to gage future market trends while providing an analysis of news, opinion and social media to determine the aggregate sentiment and trends of equities, commodities and currencies across world markets.