Tuesday, August 4, 2009

Stock and Economy Ranking Website

Ok so this is simple, people visit this site (and of course there are some cool integrations with other websites, esp social network) and give a thumbs up or thumbs down to a stock. You only rate the stocks you know, and an aggregate opinion is drawn out of this. Whether you want to go with it or go against it, it's an interesting data set. Other analysis can be done and interesting conclusions drawn. You could also yes/no investment in nation's economies, anything really, but I think there would be most interest in things people invest in.

2 comments:

Eric said...

Isn't that essentially what markets do? When I evaluate a stock, I'm generally trying to make a bet of up or down. Assuming markets are efficient, the stock price should factor in all those bets and produce the data you're talking about.

Ambassador Kasunic said...

yes but this is a good way to visualize it, and it adds in the thoughts and feedback of people who don't necessarily have the money to invest. Also, people's time investment horizons may be a little different. this ranking is always for a fixed time (one week, one day, one month, whatever you want to set it up as.) I think it might be interesting data, and at least something people like to visit and play with.