Calculate the bullish percentage of a two-choice survey from bullish opinions and bearish or total opinions.

Find the bullish share from both opinion counts.

Uses a two-choice bullish/bearish survey. Entered counts do not reproduce a provider’s published DSI or establish a trading signal.

Check a known total

Daily Sentiment Index Formula

The following formula is used to calculate the Daily Sentiment Index (DSI) for a given set of sentiments.

DSI = (P / T) × 100

Variables:

  • DSI is the Daily Sentiment Index (%)
  • P is the number of bullish opinions
  • T is the total number of bullish plus bearish opinions

To calculate the Daily Sentiment Index, divide the number of bullish opinions by the total number of bullish plus bearish opinions. Multiply the result by 100 to convert it to a percentage.

What is a Daily Sentiment Index?

This calculator reports the bullish share of your two-choice survey. The published Daily Sentiment Index (DSI) is a provider’s small-trader market survey series; arbitrary input counts do not reproduce that series. Higher percentages mean a larger bullish share, and lower percentages mean a larger bearish share in this two-choice model. The retained high/low bands at ≥85% and <15% describe the entered sample; they do not establish a forecast or trading signal.

How to Calculate Daily Sentiment Index?

The following steps outline how to calculate the Daily Sentiment Index.

  1. Choose the count basis and enter bullish opinions (P).
  2. Enter bearish opinions or the total bullish plus bearish opinions (T). A supplied optional check must agree with these counts.
  3. Next, calculate the Daily Sentiment Index using the formula DSI = (P / T) * 100.
  4. Finally, calculate the Daily Sentiment Index.
  5. After inserting the values and calculating the result, check your answer with the calculator above.

Example Problem : 

Use the following variables as an example problem to test your knowledge.

Number of positive sentiments (P) = 80

Total number of sentiments (T) = 100