Visualizing 2017 Second Quarter Earnings with Social Data
How does StockTwits chatter relate to earnings results?
Earnings Season is always an exciting and volatile time for the market. In the thick of this earnings season we started talking around StockTwits HQ about the idea of a “perfect earnings storm” as it relates to chatter on StockTwits and price over the past quarter. Are there ideal setups for stocks as they report earnings — what can a quarter over quarter increase in StockTwits volume and sentiment, coupled with a decrease in price and a big EPS beat mean for post earnings price movement? With earnings season winding down we took a look at the data and published the results via the StockTwits 2017Q2 Social Earnings Graph.
We took a look at ~75 S&P500 companies with the highest volume on StockTwits and looked at data along three different axes:
- Volume Change — the change in StockTwits message volume from the quarter proceeding prior earnings to the quarter proceeding current earnings.
- Sentiment Change — the change in StockTwits sentiment from post prior quarter earnings to pre current quarter earnings.
- Price Change Relative to $SPY — the change in stock price price post prior quarter earnings to pre current quarter earnings relative to the price change in $SPY over the same period.
You can plot all of the companies against each other on two of these dimension interchangeably. Each ticker is graphed as a green or red dot — representing a post earnings price increase or decrease — and you can hover over each dot to see the data for the company.
We encourage you to explore, click, hover and enjoy!
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