What Is Sentiment ?
Sentiment is emotions or feelings that we have when we observe or experience something.
Why is sentiment Important ?
Sentiment are the judgements or opinions that we form about something after an experience with it. Sentiment is important because our understanding of the subject matter, emotions and our intution that formulates sentiment helps us in our decision making process following the experience.
- Does the stock have solid fundamentals. What were the last earnings reports like ? What is P/E ratio ? Is the P/E ratio good based on the industry ?
- What are the market trends ? Is the product or service that is being offered on the cutting edge ? Or is it legacy ?
- What about technicals ? Candelesticks ? Fibonacci Retracements ?
- Is weather a factor ? How resiliant is the industry to unforseen circumstances ? What are the risks ?
- Who are the people running the company ?
How does Ledovia calculate sentiment ?
All of the information above can be captured in the sentiment of the analysts who are well positioned to interpret these factors. Mango considers
the weighted average of analyst sentiment to determine the overall sentiment for a given stock.