scholarly journals Stock Price Movement Prediction Using Sentiment Analysis and CandleStick Chart Representation

Sensors ◽  
2021 ◽  
Vol 21 (23) ◽  
pp. 7957
Author(s):  
Trang-Thi Ho ◽  
Yennun Huang
Keyword(s):  
Social Media ◽  
Sentiment Analysis ◽  
Stock Price ◽  
Investor Sentiment ◽  
Series Data ◽  
Collaborative Network ◽  
Price Movement ◽  
Social Media Data ◽  
Media Sentiment ◽  
Media Data

Determining the price movement of stocks is a challenging problem to solve because of factors such as industry performance, economic variables, investor sentiment, company news, company performance, and social media sentiment. People can predict the price movement of stocks by applying machine learning algorithms on information contained in historical data, stock candlestick-chart data, and social-media data. However, it is hard to predict stock movement based on a single classifier. In this study, we proposed a multichannel collaborative network by incorporating candlestick-chart and social-media data for stock trend predictions. We first extracted the social media sentiment features using the Natural Language Toolkit and sentiment analysis data from Twitter. We then transformed the stock’s historical time series data into a candlestick chart to elucidate patterns in the stock’s movement. Finally, we integrated the stock’s sentiment features and its candlestick chart to predict the stock price movement over 4-, 6-, 8-, and 10-day time periods. Our collaborative network consisted of two branches: the first branch contained a one-dimensional convolutional neural network (CNN) performing sentiment classification. The second branch included a two-dimensional (2D) CNN performing image classifications based on 2D candlestick chart data. We evaluated our model for five high-demand stocks (Apple, Tesla, IBM, Amazon, and Google) and determined that our collaborative network achieved promising results and compared favorably against single-network models using either sentiment data or candlestick charts alone. The proposed method obtained the most favorable performance with 75.38% accuracy for Apple stock. We also found that the stock price prediction achieved more favorable performance over longer periods of time compared with shorter periods of time.

Exploring the influence of multimodal social media data on stock performance: an empirical perspective and analysis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Hui Yuan ◽  
Yuanyuan Tang ◽  
Wei Xu ◽  
Raymond Yiu Keung Lau
Keyword(s):  
Social Media ◽  
Sentiment Analysis ◽  
Textual Information ◽  
Stock Performance ◽  
Vector Autoregressive Models ◽  
Social Media Data ◽  
Content Type ◽  
Vector Autoregressive ◽  
Media Sentiment ◽  
Media Data

PurposeDespite the extensive academic interest in social media sentiment for financial fields, multimodal data in the stock market has been neglected. The purpose of this paper is to explore the influence of multimodal social media data on stock performance, and investigate the underlying mechanism of two forms of social media data, i.e. text and pictures.Design/methodology/approachThis research employs panel vector autoregressive models to quantify the effect of the sentiment derived from two modalities in social media, i.e. text information and picture information. Through the models, the authors examine the short-term and long-term associations between social media sentiment and stock performance, measured by three metrics. Specifically, the authors design an enhanced sentiment analysis method, integrating random walk and word embeddings through Global Vectors for Word Representation (GloVe), to construct a domain-specific lexicon and apply it to textual sentiment analysis. Secondly, the authors exploit a deep learning framework based on convolutional neural networks to analyze the sentiment in picture data.FindingsThe empirical results derived from vector autoregressive models reveal that both measures of the sentiment extracted from textual information and pictorial information in social media are significant leading indicators of stock performance. Moreover, pictorial information and textual information have similar relationships with stock performance.Originality/valueTo the best of the authors’ knowledge, this is the first study that incorporates multimodal social media data for sentiment analysis, which is valuable in understanding pictures of social media data. The study offers significant implications for researchers and practitioners. This research informs researchers on the attention of multimodal social media data. The study’s findings provide some managerial recommendations, e.g. watching not only words but also pictures in social media.

Comparison of different neural networks in sentiment analysis of social media data

2021 ◽  
Author(s):  
Vadim Moshkin ◽  
Andrew Konstantinov ◽  
Nadezhda Yarushkina ◽  
Alexander Dyrnochkin
Keyword(s):  
Neural Networks ◽  
Social Media ◽  
Sentiment Analysis ◽  
Social Media Data ◽  
Media Data

scholarly journals Sentiment Analysis in Social Media using Machine Learning Techniques

2020 ◽  
pp. 193-201 ◽  
Author(s):  
Hayder A. Alatabi ◽  
Ayad R. Abbas
Keyword(s):  
Machine Learning ◽  
Social Media ◽  
Sentiment Analysis ◽  
Machine Learning Techniques ◽  
Great Success ◽  
Social Media Data ◽  
Learning Techniques ◽  
The World ◽  
Analysis System ◽  
Media Data

Over the last period, social media achieved a widespread use worldwide where the statistics indicate that more than three billion people are on social media, leading to large quantities of data online. To analyze these large quantities of data, a special classification method known as sentiment analysis, is used. This paper presents a new sentiment analysis system based on machine learning techniques, which aims to create a process to extract the polarity from social media texts. By using machine learning techniques, sentiment analysis achieved a great success around the world. This paper investigates this topic and proposes a sentiment analysis system built on Bayesian Rough Decision Tree (BRDT) algorithm. The experimental results show the success of this system where the accuracy of the system is more than 95% on social media data.

Product Review Analysis Using Social Media Data Based on Sentiment Analysis

2020 ◽  
pp. 527-533
Author(s):  
S. M. Mazharul Hoque Chowdhury ◽  
Sheikh Abujar ◽  
Ohidujjaman ◽  
Khalid Been Md. Badruzzaman ◽  
Syed Akhter Hossain
Keyword(s):  
Social Media ◽  
Sentiment Analysis ◽  
Product Review ◽  
Social Media Data ◽  
Review Analysis ◽  
Media Data

Employing the Sentiment Analysis Tool in NVivo 11 Plus on Social Media Data

2017 ◽  
pp. 175-244
Author(s):  
Shalin Hai-Jew
Keyword(s):  
Social Media ◽  
Sentiment Analysis ◽  
Analysis Tool ◽  
Attitudes And Beliefs ◽  
Social Media Data ◽  
Public Issues ◽  
Public Events ◽  
Brand Reputation ◽  
Text Corpora ◽  
Media Data

Sentiment analysis has been used to assess people's feelings, attitudes, and beliefs, ranging from positive to negative, on a variety of phenomena. Several new autocoding features in NVivo 11 Plus enable the capturing of sentiment analysis and extraction of themes from text datasets. This chapter describes eight scenarios in which these tools may be applied to social media data, to (1) profile egos and entities, (2) analyze groups, (3) explore metadata for latent public conceptualizations, (4) examine trending public issues, (5) delve into public concepts, (6) observe public events, (7) analyze brand reputation, and (8) inspect text corpora for emergent insights.

scholarly journals Sentiment Analysis Methods for HPV Vaccines Related Tweets Based on Transfer Learning

Healthcare ◽  
2020 ◽  
Vol 8 (3) ◽  
pp. 307
Author(s):  
Li Zhang ◽  
Haimeng Fan ◽  
Chengxia Peng ◽  
Guozheng Rao ◽  
Qing Cong
Keyword(s):  
Social Media ◽  
Sentiment Analysis ◽  
Transfer Learning ◽  
Hpv Vaccination ◽  
Experimental Results ◽  
Fine Tuning ◽  
Hpv Vaccines ◽  
Social Media Data ◽  
Public Sentiment ◽  
Media Data

The widespread use of social media provides a large amount of data for public sentiment analysis. Based on social media data, researchers can study public opinions on human papillomavirus (HPV) vaccines on social media using machine learning-based approaches that will help us understand the reasons behind the low vaccine coverage. However, social media data is usually unannotated, and data annotation is costly. The lack of an abundant annotated dataset limits the application of deep learning methods in effectively training models. To tackle this problem, we propose three transfer learning approaches to analyze the public sentiment on HPV vaccines on Twitter. One was transferring static embeddings and embeddings from language models (ELMo) and then processing by bidirectional gated recurrent unit with attention (BiGRU-Att), called DWE-BiGRU-Att. The others were fine-tuning pre-trained models with limited annotated data, called fine-tuning generative pre-training (GPT) and fine-tuning bidirectional encoder representations from transformers (BERT). The fine-tuned GPT model was built on the pre-trained generative pre-training (GPT) model. The fine-tuned BERT model was constructed with BERT model. The experimental results on the HPV dataset demonstrated the efficacy of the three methods in the sentiment analysis of the HPV vaccination task. The experimental results on the HPV dataset demonstrated the efficacy of the methods in the sentiment analysis of the HPV vaccination task. The fine-tuned BERT model outperforms all other methods. It can help to find strategies to improve vaccine uptake.

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