What is the Flame Index: Financial Analysis Management Consulting and PR Architecture Investor Relations: investor@flameindex.com Flame Index in the News:
New York Times Tech Talk: Interview with John Jones, Flame Index co-founder
The Flame Index is a patent-pending proprietary algorithm which pulls in data every second, 24 hours per day from over 12,000 news sources and ranks companies based on the coverage they receive. To date over 1 million articles have been evaluated, and the index is continually expanding by adding relevant news sources and companies from search engine results.
Company news and statistics are both tracked and stored in real-time in the Flame Index data warehouse, and are available for aggregation in real-time or at set intervals. Statistics can be plotted and analyzed against stock data such as volume, price and percent change.
Examples of data points available:
- Rank Position on the Index and Flame Index Score
- Rank Position within Company Industry
- Company distance from the Market Average
- Percentage of total Flame Market
- Hourly and daily +/- values
The Flame Index can show traffic spikes 1-3 days ahead of market volume activity - often before major news outlets have picked up the content. Company stock price changes can correlate to Flame Index position change and additional analysis within an Industry allows for predicting movement of related companies.
The Flame Index can measure public perception against competitors for Brand Risk Management. The real-time data allows instant measurement of the media effect from corporate news events. Combining Flame Index data with Social Media response can give a deeper view of overall tone media tone.
The Flame Index analyzes news sources in real-time, 24 hours per day, 7 days a week to create an overall score which is used to rank each company. The real-time nature of the algorithm enables the Flame Index to evaluate which companies are most "on fire" right now. The Flame Index architecture is based on Enterprise Virtualization and Cloud Computing technology which allows it to scale to support thousands of companies and news sources.
Huffington Post : June 2011 - American Companies Burned Worst by the Media: 24/7 Wall St
24/7 Wall Street and the Flame Index : March 2011 - Daily Editorial Using Flame Index Ranking
AOL Jobs: January 7, 2011 - Fifteen Most Hated Companies in America
Reuters Blog: December 23, 2010 - Using Twitter to Predict Stock Moves - Comments
Flame Index Contact: admin@flameindex.com
