A couple of ETF-funds have track mentions of tradable shares of listed companies of social media on a regular basis. But very soon it appears ETF-fund to be entirely focused on social media - based on AMarkets.
Company Market Prophit is now in the stage of negotiations with several makers of ETF funds, in order to make the ETF-fund to the "led" new market index Market Prophit Social Media Sentiment Index. This index will be focused on the monitoring of investor sentiment about stocks of companies that are users of social networks to discuss the tweeter. The index will follow the 25 most tweeted discussed in companies whose shares are traded on the stock exchange. Tweet discussion will be analyzed by a special algorithm that will determine the tone of the message - positive, negative, neutral.
Depending on the superiority sentiment index will give a recommendation to buy or sell. Each paper will be assigned a specific rating in relation to the amount and nature of the discussions in social networks and the company's market capitalization. Recommendation index will appear as a percentage in relation to sell or buy.Ie it will be a percentage of the index of confidence concerning a particular investment decision.
This case - one of the components of a global trend that continues to gain momentum. The trend is that social networks are increasingly becoming a complete source of information, forcing the podium with traditional media. The popularity of social media and their appeal is understandable: people want more honest and trustworthy, the most recent information with the possibility of a dialogue, to clarify the details. In social media a chance to get the information without distortion, without the element of manipulation by various political and economic forces. Traditional media - is always a distortion of the data in someone's interests and is far from being an objective view of things.