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@boyangwang
Created July 22, 2014 13:03
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group_notes
Good morning, we are team MaSA, stands for Market Sentiment Analyzer. Today we are going to present on our project on market sentiment analysis
Let me first introduce our team, .., .., .., .., ..,
A quick overview of our presentation today
We will start by defining the problem which we are tackling. Then we will give a overview of our product in the form of a demo. Moving on to product design, followed by project management, and future considerations and takeaways. Lastly we will have a 10 min Q&A session where we will be addressing all questions.
So, what is the motivation, or the business value behind the project? It came from the space of risk management, which is essential in any investment bank. Practitioners are constantly looking for new factors to complete their risk management arsenal, so as to make better, more informed decisions, and so as to have more stable profit & more controllable loss, as a ultimate goal. This is illustrated in the diagram. An investment bank with strong risk management wings endures the stormy weathers of the market.
What does it have to do with market sentiment then? Market Sentiment has a real impact on risk. Not only that it carries information and reflect most recent major events, like the tragedy of MH17, which had huge impact on the stock market, but also sentiment itself carries power. If there is a running consensus that some stock A is going down, for whatever reason it is, market will react to it. However, sentiment is not widely used in risk management currently as it’s hard to capture. Therefore, analyzing market sentiment is extremely meaningful
For the scope of our project, we are extracting sentiment score out from sources in Trusted Public Domains, and then combining it with other risk factors to output a risk score, as shown in the diagram.
Now I will pass to Nishant to give a demo of our software
Thank you Huiwen. Moving on to future considerations and improvements. If given the chance, we have plans to further develop our product. Firstly, we can implement portfolio management features to allow users to customize their portfolio. It wasn’t implemented because we primarily focus on sentiment analysis. Secondly, for a production-ready product it should migrate from a proprietary API like Yahoo Finance to our in-house RefData.
Lastly, we understand that sentiment scores are subjective in nature. ppl have diff perceptions on the difference between risky and very risky. Therefore in the future we can provide users the ability to change weightage of sentiment score and financial factors, so as to allow risk managers make to use of their own judgment and expertise.
While implementing our project, we bear objectives in mind and achieved different learning points through different aspects of our project. From project design, we get the chance to play with technologies and tool used in the industry. From research, we gained knowledge in the domain of financial services, such as risk management and portfolio management. From project management, we developed team coordination and collaboration in a real corporate setting, which we are newly exposed to
Thank you Huiwen. Moving on to future considerations and improvements. If given the chance, we have plans to further develop our product. Firstly, we can implement portfolio management features to allow users to customize their portfolio. It wasn’t implemented because we primarily focus on sentiment analysis. Secondly, for a production-ready product it should migrate from a proprietary API like Yahoo Finance to our in-house RefData.
Lastly, we understand that sentiment scores are subjective in nature. ppl have diff perceptions on the difference between risky and very risky. Therefore in the future we can provide users the ability to change weightage of sentiment score and financial factors, so as to allow risk managers make to use of their own judgment and expertise.
While implementing our project, we bear objectives in mind and achieved different learning points through different aspects of our project. From project design, we get the chance to play with technologies and tool used in the industry. From research, we gained knowledge in the domain of financial services, such as risk management and portfolio management. From project management, we developed team coordination and collaboration in a real corporate setting, with which we are newly exposed to
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