AroniSmartIntelligence™ in Action: Market Sentiment and Investment
In February 2020, AroniSmart™ team, leveraging the Machine Learning, Text Mining, and Sentiment and Valance Analysis capabilities of AroniSmartLytics™ (AroniSmartIntelligence™), looked at the market sentiment index and events driving the stock market in early Q1 2020 (see here:ARONISMARTINTELLIGENCE™ IN ACTION: MARKET SENTIMENT AND KEY STOCKS IN FEB 2020 ). From the analysis, key major events and impacted stocks were highlighted. AroniSmart analysis showed that Year 2020 had started with a strong market performance. At the same time, major events were driving the market performance, including upcoming US Presidential elections and the Corona Virus pandemic in China. Since then, the pandemic due to Corona Virus, known as COVID-19, has spread across the entire World and the stock market has suffered, almost crashing, with the Dow Jones Industrial Average (^DJI) declining by 36% from 29,219 on Feb 20, 2020 to 18,592 on March 23, 2020. Since then, the stock market has been slowly coming back. AroniSmart team has now looked at the events driving the market sentiment and the overall stock market performance.
