What is the "Overall risk and sentiment" file in the output of the Risk Tool?
The "Overall risk and sentiment" CSV file contains the unconstrained counts of risk and sentiment, which can be merged with any search result using the variable earningscallID.
In particular, Overall Risk and Overall Sentiment are defined as follows:
Overall Risk=∑s1(at least one risk synonym in s)
Overall Positive Sentiment=∑s1(at least one positive sentiment word in s)
Overall Negative Sentiment=∑s1(at least one negative sentiment word in s)
Our clients have found these additional metrics helpful because they can be used to calculate the share of a given topic in risk or sentiment mentions. For example, the Risk from a search for inflation-related terms could be divided by Overall Risk to obtain the fraction of risk-related sentences with inflation mentions in the total number of risk-related sentences.