Real-time Data and media Coronavirus Covid-19 sentiment by Ravenpack
We are living in disturbing times. If the financial crisis and Great Depression took three years to play out, this devastating Coronavirus / Covid-19 crisis has taken mere weeks.
The continuing shock ongoing in the global economy, sciety and financial markets coming from from Covid-19 has been faster and more dangerously severe than all the global financial and social crisis and Depression and probably is the biggest in the last 200 years. Market stock are sstill collapsing by 50% or more and some industry experts believe this is just the beginning. As, entire countries enter in serious issues and credit markets are froze up, we will see massive bankruptcies followed, unemployment rates soared above 10% and GDP contracted at an annualised rate of 10% or more.
In this scenario the best way to optimise cities and government answer to the present global crisis is with data and infrastructure insights. Special looking at how countries and cities are reacting and acting with solutions that are optimised with data and solutions.
In response to the coronavirus global pandemic, RavenPack, a leading provider of big data analytics, has launched an extraordinary live and interactive website wuth multiple points of data to help navigate the oceans of information, sentiment, data currently available on the novel covid-19 coronavirus and its impact on world, society, media affairs.
This dashboard is a free service to the world and can be found here https://coronavirus.ravenpack.com/
RavenPack developed this application to track coronavirus news, sentiment and its impact on society and the economy, measuring key topics currently covered by the media. Research studies from this cutting edge dashboard includes news flows, sentiment analysis, fear often correlate with shifts in broader market trends.
Some of the features of the dashboard data platform related with data insights from Covi19 - Coronavirus effect in the world are:
COVID-19 Cases - this data box includes the total number of confirmed cases, the total number of deaths, and the total number of recovered patients worldwide.
The Coronavirus Panic Index - this data measures the level of news chatter that makes reference to panic or hysteria and coronavirus. Values range between 0 and 100 where a value of 7.00 indicates that 7 percent of all news globally is talking about panic and COVID-19. The higher the index value, the more references to panic found in the media.
The Coronavirus Media Hype Index - this data indicator measures the percentage of news talking about the novel coronavirus. Values range between 0 and 100 where a value of 75.00 indicates that 75 percent of all news globally is talking about COVID-19.
The Coronavirus Fake News Index - this super relavant data for our times measures the level of media chatter about the novel virus that makes reference to misinformation or fake news alongside COVID-19. Values range between 0 and 100 where a value of 2.00 indicates that 2 percent of all news globally is talking about fake news and COVID-19. The higher the index value, the more references to fake news found in the media.
The Coronavirus Sentiment Index is a particular relevant indicator that measures the global level of sentiment across all entities mentioned in the news alongside the coronavirus. The index ranges between -100 and 100 where a value of 100 is the most positive sentiment, -100 is the most negative, and 0 is neutral.
According to the company responsibles:
“We hope this helps you get a clear view of global trends and sentiment around the pandemic, and wish that you and your loved ones are safe and healthy”, said Per Roman, Managing Partner and Head of Asset Management of GP Bullhound.
RavenPack team decided to release this public dashboard to answer the extraordinary amount of requests from clients looking for data-driven insights to support their decision making during the current coronavirus uncertain market conditions.
"We wanted to create a more analytical way to track information about the novel coronavirus and to monitor the reactions people are having across the globe, which include things like massive social distancing and panic buying," said Armando Gonzalez, the Co-Founder, and CEO of RavenPack.
The RavenPack Coronavirus News Monitor is different from other coronavirus dashboards in that it summarizes emotions or sentiments from tens of millions of news articles and public posts into simple indicators, similar to stock tickers.
The guiding principles behind the design of the monitor are based on research performed by the RavenPack Data Science team. They determined that the sentiment and proportion of global news about topics like “recession fears” often signal the actual impact of real-world events in financial markets, something which RavenPack’s big data platform is uniquely placed to assess.
The monitor contains bespoke indexes uniquely formulated by RavenPack data experts to provide users with added insight and forewarning about changes in the news surrounding the virus - changes that often reflect or foreshadow real-world events.
These include the Contagion Index, which measures the spread of the virus across the media world, the Media Coverage Index, which reflects the proportion of all news that is coronavirus-related, and the Panic Index which provides a gauge of extreme public mood.
The importance of the Coronavirus Monitor Index
These useful and urgent tech data driven indexes monitor are critical for cities and governments as they provide a rich and powerful set of solid interactive global data map, and tables gauging the issues with sentiment on countries, cities and how this impacts financial and economic assets, and it can be adapted for those who want a tailored experience and increase response for governments, city councils and many other leadersa and people working to tackle this massive humanitarian challange our civilisation is facing.
The creation of tools and bespoke fdata vissualisation and graphics with solid based boxes with filters by topic, industry, as well for specific sectors, portfolios is also available and makes this one of the best resources available in this time for anyone that can access, study the underlying data and/or customize the dashboard to their specific use cases and special find best solutions to the multiple issues we are all facing.
RavenPack is a leading big data analytics provider for financial services. RavenPack’s platform is used by some of the best performing hedge funds and largest banks worldwide. RavenPack uses AI to turn highly fragmented unstructured content into organised structured data for easier analysis and deployment in financial applications. The firm has a team of more than 100 people and offices in New York City and Marbella, Spain. www.ravenpack.com
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com.
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