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Machine Learning-Based Analysis of the Association Between Online Texts and Stock Price Movements

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F18%3A43913611" target="_blank" >RIV/62156489:43110/18:43913611 - isvavai.cz</a>

  • Result on the web

    <a href="https://doi.org/10.4114/intartif.vol21iss61pp95-110" target="_blank" >https://doi.org/10.4114/intartif.vol21iss61pp95-110</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.4114/intartif.vol21iss61pp95-110" target="_blank" >10.4114/intartif.vol21iss61pp95-110</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Machine Learning-Based Analysis of the Association Between Online Texts and Stock Price Movements

  • Original language description

    The paper presents the result of experiments that were designed with the goal of revealing the association between texts published in online environments (Yahoo! Finance, Facebook, and Twitter) and changes in stock prices of the corresponding companies at a micro level. The association between lexicon detected sentiment and stock price movements was not confirmed. It was, however, possible to reveal and quantify such association with the application of machine learning-based classification. From the experiments it was obvious that the data preparation procedure had a substantial impact on the results. Thus, different stock price smoothing, lags between the release of documents and related stock price changes, five levels of a minimal stock price change, three different weighting schemes for structured document representation, and six classifiers were studied. It has been shown that at least part of the movement of stock prices is associated with the textual content if a proper combination of processing parameters is selected.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database

  • 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

    2018

  • Confidentiality

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

Data specific for result type

  • Name of the periodical

    Inteligencia Artificial

  • ISSN

    1137-3601

  • e-ISSN

  • Volume of the periodical

    21

  • Issue of the periodical within the volume

    61

  • Country of publishing house

    ES - SPAIN

  • Number of pages

    16

  • Pages from-to

    95-110

  • UT code for WoS article

    000609005300007

  • EID of the result in the Scopus database

    2-s2.0-85046842152