This Projects attempts to analyze the daily news we are subjected to. The complete analysis consists of 2 Sections.
Section 1: This section involves sentiment analysis of the news articles, We try and investigate if the sentiments associated with the news articles to answer the following questions
- Is the Media focussing too much on the negative side of the story? Do the negative news dominate the headlines ?
- Is there a perticular trend in the way the major publishishers from around the world report stories?
- Do the word distribution in news articles picked up randomly follow the zipf's law?
- Bigram Analysis of the headlines Section 2: Impact of News sentiment on stock market prices. Does it mean that if news is demoninated with negative news, the stock prices fall?
API used : API Chosen: Two API's were chosen for this project, all the news articles were collected from https://newsapi.org/ . NewsAPI provides real time news articles from a wide variety of news publishers. The data for the stock prices was needed in the Section 2 of this project and hence another API was needed. The data was obtained from https://www.worldtradingdata.com/