Table 1a.
Description of Data.
| Panic index | The Coronavirus Panic Index measures the level of news chatter that makes reference to panic or hysteria and coronavirus. Values range between 0 and 100 where a value of 7.00 indicates that 7 percent of all news globally is talking about panic and COVID-19. The higher the index value, the more references to panic found in the media. |
| Sentiment index | The Coronavirus Sentiment Index measures the level of sentiment across all entities mentioned in the news alongside the coronavirus. The index ranges between −100 and 100 where a value of 100 is the most positive sentiment, −100 is the most negative, and 0 is neutral. |
| Media coverage | The Coronavirus Media Coverage Index calculates the percentage of all news sources covering the topic of the novel coronavirus. Values range between 0 and 100 where a value of 60.00 means that 60 percent of all sampled news providers are currently covering stories about the COVID-19. |
RavenPack curates and accumulates real-time news from more than 19,000 global news sources. Panic index is created to represent the percentage of total news items for the day that mention ‘panic’ or ‘fear’ in coronavirus-related news. Panic index has been a leading indicator of coronavirus cases worldwide.
Ravenpack Financea.