IntroducingThe HypeScore
“Hype” represents the buzz around an asset or stock. While sentiment alone can provide great insight into stock trends, people (retail investors) must be taking action on the stock in order for its price to change. This is why we created the HypeScore to account for multiple factors that can impact a stock’s price.
The HypeScore is calculated over a rolling 14-day window. It is based on three classes of information:
- Sentiment: When people mention the stock, what is the context? Are they mentioning it positively or negatively? How many people are talking about the stock?
- Volume: How many people are buying or selling the stock? Is the volume of purchasing unusual for this stock?
- Price: Is the price impacted by the sentiment and volume of the stock relative to its normal performance?
We blend various data inputs that are related to the above factors to create our proprietary HypeScore. The HypeScore is then used to pick the 5 stocks that we deliver to your inbox daily.
Right now, we are focused on stocks rather than other assets. In the future, we also plan to incorporate more diverse data sources and expand to other asset classes such as crypto.