The Wiley Finance Series : Handbook of News Analytics in Finance

(Chris Devlin) #1

4.20 Conclusion


Media Sentiment^1 can add considerable value to the decision-making process for
traders and investors alike.
As we have seen, all news is not created equal and a thorough understanding of the
news landscape is highly recommended as there are laws that regulate the handling of
material information with serious legal implications.
Media Sentiment adds value by improving the speed and accuracy of sentiment
determination for a bigger number of earnings news releases of publicly traded
companies in the USA.


128 Quantifying news: Alternative metrics

Free download pdf