Last data update: 2014.03.03

R: Creates wordcloud of negative words from 10-K statement.
NegativeWordcloudR Documentation

Creates wordcloud of negative words from 10-K statement.

Description

NegativeWordcloud creates the wordcloud of negative words from 10-K statement.

Usage

NegativeWordcloud(word.frq)

Arguments

word.frq

Word frequency dataframe created using GetWordfrquency function.

Details

NegativeWordcloud function takes words frequency dataframe as an input from GetWordfrquency function. It compares this words frequency dataframe with the negative words mentioned in the Loughran and McDonald's financial sentiment dictionaries and generates wordcloud using only negative words with their frequencies.

Value

Function creates wordcloud of negative words containing in the selected 10-K statement.

References

Loughran and McDonald's financial Sentiment dictionaries http://www3.nd.edu/~mcdonald/Word_Lists.html

Bill McDonald, and Tim Loughran. Measuring Readability in Financial Disclosures. Journal of Finance: Volume 69, Issue 4, August 2014

Bill McDonald, and Tim Loughran. When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10-Ks. Journal of Finance: Volume 66, Issue 1, February 2011

Examples

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NegativeWordcloud(word.frq)

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Results