Tag Archives: twitter

Trading

Whatever Happened to the “Twitter Fund”? #Twitter #Hedgefund

There has been a lot of buzz about the use of social media to inform trading and investment decisions in recent years, with some claiming that, if properly harnessed, big data from social media platforms could prove to be some kind of crystal ball for the markets.

Certainly, this was the thinking behind the ‘Absolute Return Fund’ – a $40.5 million hedge fund based solely on a strategy of using social media data to inform trades. The fund, which was started in late 2010 by London-based investment firm Derwent Capital Markets, based its investments on an analysis of 10% of the 10 million tweets that were then being sent on a daily basis on Twitter.

Using trading algorithms and sentiment analysis techniques to mine tradable data from the Twitter firehose, the fund returned an impressive 1.86% in its first month of trading, a result that beat both the market and the average hedge fund. Then, it abruptly shut down, citing a near-total lack of investor interest in what was then an innovative approach to trading.

http://www.hedgethink.com/

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Trading

$40 Million Twitter-Based Hedge Fund Now Open for Business #twitter #hedgefund

Derwent Capital Markets, a London investment firm that has long been touting itself as the first social media-based hedge fund, has opened its doors.

The £25 milllion ($40.5 milion) hedge fund is basing investments on an analysis of 10% of the 10 million tweets sent daily. The firm applies trading algorithms and sentiment analysis to those tweets before making its bets. (We’ve written about why social media analysis makes financial sense.)

Derwent may be the first boutique investment firm to take this approach, but the idea of using information gleaned from social networks as a stock market predictor isn’t new. StockTwits, for instance, is a popular third-party Twitter app that provides a forum to discuss investment-related matters. Others in the space include Chart.ly and Covestor.

http://mashable.com/

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NoTrading

This is what Twitter looks like when two groups with different political views talk.

 

As part of a new study on Twitter’s network structures, the Pew Research Center and the Social Media Research Foundation tracked a single hashtag related to America’s budget conflict over two days. What the researchers found are “large dense groups that have little inter-connection or bridge between them.”

In the map above, the cluster to the right is the “liberal group” and the one to the left the “conservative group.” Not only do they rarely talk to each other, they also use different hashtags and link to different websites within their tweets. Only the rare user, such as @YasserMohamed2 (now suspended) has links to both groups. Unsurprisingly, researchers call this a “polarized crowd.” It is one of six archetypical network structures they found to exist on Twitter.

http://qz.com/

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    Henrik Ekenberg Stockholm, Sweden Financial Services Current Owner at 4nb Consulting Holding AB Linkedin :: http://www.linkedin.com/in/henrikekenberg Twitter :: https://twitter.com/hekenberg
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Trading

Twitter’s retention rate somewhere in the mid-20 percent range.

Yes, Twitter has a growth problem. But more than that, the company has another headache: Getting people to stick around after signing up.

According to people close to the company, Twitter has seen more than one billion registrations to its service over the past seven and a half years. Stack up that figure against the most recent active user number — 241 million — and you’ve got a retention rate somewhere in the mid-20 percent range.

http://recode.net/

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