In a recent effort to share COVID_19 pandemic insights, BRIDGEi2i launched a Global Monitor, however, with this pandemic having an unparalleled impact on the global market, the company now launched dashboard — BRIDGEi2i Market Impact Monitor, to track and covers the market impact due to the crisis.
In a recent LinkedIn post, the company confirmed the news stating — “Market volatility soared around the world. Compared with other outbreaks, #COVID19 is having an unparalleled impact on the US markets. What you need is a Market Monitor to understand the stock price fluctuations and explore the market further with a lens of COVID-19.”
According to the company website, this BRIDGEi2i’s Market Impact Monitor is a data-driven interactive dashboard which has been designed to understand the stock movements in a post-COVID-19 market. Built of Tableau software, the monitor gathers data from reputed sources like the S&P500 index and analyses the stock market of significant sectors of the country.
Also, by using the ‘market exploration’ tool of the dashboard, users can see inter-stock and intra-stock differences corresponding to over an adjustable first date since the onset. This Market Impact Monitor will help study an event occurring on the first date and correlate stock prices with it.
The company further urged users to play around with the tool in order to identify which sector/industry/stocks are still blooming under this catastrophic situation and which ones took a significant hit.
The website further stated — COVID-19 had left nearly a million infected and thousands of dead in its wake worldwide. Alongside, this pandemic is also creating a global economic downturn because of mandatory lockdowns. The financial and economic implication of these measures is thought of to be as catastrophic as those seen during the World Wars.
And therefore, BRIDGEi2i’s Market Impact Monitor will help individuals understand the market impact and the movement of stocks amid this COVID-19 crisis.