Research Apps for Event Studies and News Analytics

This website provides research apps to conduct event studies and news analytics analyses. Besides its apps, the website offers guidance and support in all matters involved in the analysis of discrete events,
such as dialogs with event study experts.

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What is the purpose of this website?

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Which research apps are available on this website?

EventStudyTools provides research apps to conduct event studies, news analytics, or other event-centric research - e.g., based on the event history methodology or optimal matching. Our research apps empower hundreds of research projects every day all over the globe. Several papers from past projects have received internationally recognized awards and got published in renown journals. Please refer to our research tracker to gain an understanding of how our apps can be combined to drive innovative research.



How to conduct event studies with

Conducting event studies with this website is very simple. It implies a short sequence of steps illustrated in Figure 1. The only step specific to conducting event studies with this website is the transformation of your data into the format required by the website's abnormal return calculators. Irrespective of whether you use the free basic (bARC) or the access-restricted advanced abnormal return calculator (aARC - beta, purchase a passkey), you need to upload three CSV-data files: One file specifying the analysis parameters (i.e., the request file) and two files holding your stock and reference index price information (example files for bARC and aARC, macro for Yahoo! Finance data retrieval, help in file construction, help in defining your research question). After uploading these files, the research app will perform your event study and prompt you results through CSV files.

Figure 1: Conducting Event Studies with EventStudyTools

task flow of conducting event studies

Which features will the advanced Abnormal Return Calculator (aARC) support after its migration to R?

technical features of

What is news analytics and how to perform it?

News analytics is concerned with the quantitative analysis of news streams. It also implies the procedural steps needed to turn news into quantitative metrics and time-series. News analytics allows three major applications: (a) the scientific consideration of qualitative dimensions that have previously been ignored in the study of individual events, (b) the repeated longitudinal consideration of similar sequences of events, and (c) from a practical perspective, novel trading strategies and other practical applications that draw on the capability to plot firm behaviors. The figure beneath sketches the analytical framework implemented on this website (please also view this step-by-step tutorial).

news analytics framework