Similar companies
| Company | Sentiment | |
|---|---|---|
 |
CarvanaCVNA |
72 33.6% |
 |
VroomVRM |
37 2.7% |
 |
Cars.comCARS |
65 0% |
 |
CarMaxKMX |
35 0% |
 |
AutoNationAN |
50 0% |
Month over Month
Avg. stock sentiment across social media
| Oct 2024 | 93 | |
| Sep 2024 | 91 | |
| Aug 2024 | 94 | |
| Jul 2024 | 98 | |
| Jun 2024 | 98 |
What's the investor sentiment for TrueCar?
The overall sentiment for investing in TrueCar is very positive, according to data from the top investing forums. TrueCar has a sentiment score of 96 out of 100.
Analyzing Sentiment, how is TrueCar performing compared to its industry peers?
TrueCar overperforms all of its industry peers when it comes to Sentiment, having more positive discussions in stock forums around their stock than any of its peers.
How does AltIndex calculate sentiment for TrueCar?
AltIndex calculates sentiment for TrueCar by analyzing posts from various internet stock forums, including Reddit. We employ advanced natural language processing techniques to parse and understand the context of each post. Our algorithm assesses the tone, keywords, and overall context of mentions to determine whether they are positive, neutral, or negative. The sentiment from all posts is then aggregated into a score ranging from 0 to 100. A higher score indicates that a majority of the mentions are positive or bullish, while a lower score signifies that the majority of mentions are negative or bearish. This comprehensive analysis allows us to provide an estimated sentiment score that reflects the current investor mood towards TrueCar.
Sign up and get more insights on TrueCar.
