Data at Work

The world of data and its many applications. This blog will help you learn how visionary companies are monetizing their data assets and utilizing external data to enhance business operations.

Vendor Spotlight: FlockPit US Equity Sentiment

FlockPit, the most recent data vendor to join the DataStreamX community, brings to market a FinTech product that provides a competitive edge to intelligent investors.

FlockPit's proprietary technology monitors the web for sentiment contained in social media disucssions and news articles about U.S. equities. This information is packaged into a product that can enhance investors' predications with the most comprehensive, market-moving metrics - Social Media Activity, Impact, and Sentiment Score.

FlockPit

 As investors, fund managers, traders, and equities analysts become increasingly aware of the impact social media has on financial markets, FlockPit's product will allow them to optimize investment strategies, minimize portfolio risk, and stay ahead of market volatility.

FlockPit's API integrates with propietary analysis engines, and is structured so that the data can be pulled directly into any client interface. Each API call will contain the following parameters:

  • Raw Message Volume
  • Impact - message volume wieghted by author
  • Happiness and Excitement indicators

This data product currently only serves U.S. Equities, specifcally the constituents of the Dow Jones Industrial Index and the NASDAQ 100.

For more information on FlockPit and their data product, please visit their dedicated product page here:

Social Media Activity, Impact and Sentiment for US Equities