MarketPsych
| ISIN | 🆔 |
|---|---|
| Industry | Financial technology |
| Founded 📆 | 2001 |
| Founders 👔 | Richard L. Peterson & Frank Murtha |
| Headquarters 🏙️ | , , |
Number of locations | 3 |
Area served 🗺️ | |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
MarketPsych is a global provider of financial market sentiment data, behavioral testing tools, and trainings.[1][2]
History
MarketPsych was founded in 2001 by Richard L. Peterson, M.D. and Frank Murtha, PhD. The company initially focused on behavioral finance coaching and trainings for financial professionals.[3]
In 2004 the company began media sentiment analysis[4] and in 2008 the firm spun off MarketPsy Capital LLC and launched the first social media-based quantitative hedge fund.[5]
In 2011, the firm launched MarketPsych Data LLC to provide the sentiment analysis data underlying its hedge fund through Thomson Reuters (now Refinitiv).[6] The firm offers data feeds of emotional indexes such as fear and anger as well as themes covering thousands of companies and assets.[7][8] It has clients in 25 countries.[5]
Hedge Fund
MarketPsych was featured in The Wall Street Journal,[9] Financial Times,[10] HedgeWeek,[11] USA Today,[12] and Bloomberg[13] regarding its social media-based hedge fund MarketPsy Long-Short Fund LP, which operated from September 2008 through 2010.[14]
Sentiment Data
Through Refinitiv, MarketPsych Data provides streaming media sentiment for 187 countries, 15,000+ global companies, 62 stock indexes, 62 sovereign bonds, 45 currencies, 36 commodities, 150 cryptocurrencies with history from 1998-present.[15] The data includes complex themes and emotion analytics with a Fear index, and Anger index[16] and a Bubble-ometer.[17]
MarketPsych patented (#US8903713B2) its style of NLP analysis.[18] As of January 2020, there are 35 academic papers and 12 dissertations written on the firm’s data.[19]
Financial Personality Tests
In 2004, MarketPsych launched free online personality and cognitive tests, taken by over 30,000 people.[20][21] The firm hosts a free online client assessment tool called Insights for financial advisors.[22][23]
Books
- Inside the Investor's Brain: The Power of Mind over Money, Wiley, John & Sons, July 2007, ISBN 978-0-470-06737-6 Search this book on
. - MarketPsych: How to Manage Fear and Build Your Investor Identity, Wiley, John & Sons, September 2010, ISBN 978-0-470-54358-0 Search this book on .
- Trading on Sentiment: The Power of Minds over Markets. Wiley, John & Sons: New York, March 2016, ISBN 978-1119122760 Search this book on .
See also
- Richard L. Peterson
- Sentiment analysis
- Behavioral analysis of markets
- Behavioral economics
References
- ↑ "Refinitiv releases MarketPsych indices". finextra.com. 25 September 2019. Retrieved 26 February 2020.
- ↑ Kenneth Rapoza,"How Pandemics Have Impacted Airline Stocks, From SARS To Coronavirus". Forbes. 3 February 2020. Retrieved 26 February 2020.
- ↑ Matthew Craft,"A Q&A with Wall Street's top psychiatrist on market turmoil". apnews.com. 28 August 2015. Retrieved 26 February 2020.
- ↑ Robert Armstrong and Jacob Ward,"Money Minded: How to Psychoanalyze the Stock Market". popsci.com. 19 February 2008. Retrieved 26 February 2020.
- ↑ 5.0 5.1 "Discovery Day London 2019 Panels D2 T1 03 The Power Of Ensemble Exploration Kits". youtube.com. 22 February 2020. Retrieved 26 February 2020.
- ↑ Melanie Rodier,"Thomson Reuters Adds Psychological Analysis to Machine Readable News". wallstreetandtech.com. 26 July 2012. Retrieved 26 February 2020.
- ↑ "The mood of the market". The Economist. 28 June 2012. Retrieved 26 February 2020.
- ↑ "Refinitiv MarketPsych Indices: measure economic and market cognition in real-time". youtube.com. 13 January 2020. Retrieved 26 February 2020.
- ↑ Michelle Price,"Traders See Profits in Tweets". Wall Street Journal. 20 May 2011. Retrieved 26 February 2020.
- ↑ "Decoding the psychology of trading". Financial Times. 16 July 2010. Retrieved 26 February 2020.
- ↑ "The Interview: Understanding the workings of the brain unlocks a trove of novel investment strategies". HedgeWeek Magazine. 30 July 2009. Retrieved 26 February 2020.
- ↑ Adam Shell,"Wall Street traders mine tweets to gain a trading edge -- Adam Shell". USA Today. 3 May 2011. Retrieved 26 February 2020.
- ↑ Rachael King,"Trading on a World of Sentiment". Bloomberg BusinessWeek. 1 March 2011. Retrieved 26 February 2020.
- ↑ "Developing Trading Models Using Machine Learning on Financial News and Social Media Data". YouTube.com. 1 March 2017. Retrieved 26 February 2020.
- ↑ "The Sentimental Market Hypothesis How Crowd Emotion Drives Market Prices". YouTube.com. 4 April 2014. Retrieved 26 February 2020.
- ↑ John Authers,"Authers' Note: Anger is an energy". Financial Times. Retrieved 26 February 2020.
- ↑ Jason Zweig,"The Extraordinary Popular Delusion of Bubble Spotting". Wall Street Journal. 5 November 2011. Retrieved 26 February 2020.
- ↑ "Method and apparatus for automatically analyzing natural language to extract useful information". patents.google.com. Retrieved 26 February 2020.
- ↑ "Academic papers and dissertations" (PDF). amazonaws.com. Retrieved 26 February 2020.
- ↑ "TEST". tests.marketpsych.com. Retrieved 26 February 2020.
- ↑ Jason Zweig,"TESTS: "Investor, Take This Test."". Wall Street Journal. Retrieved 26 February 2020.
- ↑ "What's The Future Of Fintech?". futureofeverything.io. Retrieved 26 February 2020.
- ↑ "MarketPsych Insights". mpipersonality.com. Retrieved 26 February 2020.
External Links
This article "MarketPsych" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:MarketPsych. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
