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Association Between Online Texts and Stock Prices

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F17%3A43911768" target="_blank" >RIV/62156489:43110/17:43911768 - isvavai.cz</a>

  • Alternative codes found

    RIV/26867184:_____/17:N0000010

  • Result on the web

    <a href="http://mvso.cz/wp-content/uploads/2017/06/IDS_2017_Conference_Proceedings.pdf" target="_blank" >http://mvso.cz/wp-content/uploads/2017/06/IDS_2017_Conference_Proceedings.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Association Between Online Texts and Stock Prices

  • Original language description

    The paper is focused on quantifying the strength of association between stock price movements and content of texts of corresponding companies. As the principal tool, machine learning based classification was used. Four different variable parameters of data preparation were used and six classifiers were applied to the data. It has been found that a classifier type and a smoothing method applied to stock price data were the most important factors. After the mentioned parameters were considered and investigated texts related to periods with significant stock price movements were separated with accuracy ranging from about 60 to 74% which demonstrates a nonrandom association between these two time series.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)

Result continuities

  • Project

    <a href="/en/project/GA16-26353S" target="_blank" >GA16-26353S: Sentiment and its impact on stock markets</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Others

  • Publication year

    2017

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of the International Scientific Conference: International Day of Science 2017. Economics, Management, Innovation

  • ISBN

    978-80-7455-060-7

  • ISSN

  • e-ISSN

    neuvedeno

  • Number of pages

    7

  • Pages from-to

    23-29

  • Publisher name

    Univerzita Palackého v Olomouci

  • Place of publication

    Olomouc

  • Event location

    Olomouc

  • Event date

    Apr 25, 2017

  • Type of event by nationality

    EUR - Evropská akce

  • UT code for WoS article