Text Opinion Mining to Analyze News for Stock Market Prediction

نویسندگان

  • Yoosin Kim
  • Seung Ryul Jeong
  • Imran Ghani
چکیده

This is a known fact that news and stock prices are closely related and news usually has a great influence on stock market investment. There have been many researches aimed at identifying that relationship or predicting stock market movements using news analysis. Recently, massive news tests, called unstructured big-data, have been used to predict stock price. In this paper, we introduce a method of mining text opinions to analyze Korean language news in order to predict rises and falls on the KOSPI (Korea Composite Stock Price Index). Our method consists of carrying out the NLP (Natural Language Processing) of news, describing its features, categorizing and extracting the sentiments and opinions expressed by the writers. The method then identifies the correlation between news and stock market fluctuations. In our experiment, we show that our method can be used to understand unstructured big-data, and we also reveal that news’ sentiment can be used in predicting stock price fluctuations, whether up or down. The algorithm extracted experiments can be used to make predictions about stock market movements.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Stock Market Prediction Using Data Mining

Data mining is well founded on the theory that the historic data holds the essential memory for predicting the future direction. This technology is designed to help investors discover hidden patterns from the historic data that have probable predictive capability in their investment decisions. The prediction of stock markets is regarded as a challenging task of financial time series prediction....

متن کامل

Text Mining for Indication of Changes in Long-Term Market Trends

For investment decisions the development of market trends is very important. In this contribution we present our results concerning the influence of news on market trends. We processed the stock news delivered by the Wall Street Journal with two methods of text mining – Bayes classification and grammar-driven classification. We found some potentialities of Dow Jones trend prediction and present...

متن کامل

Time Series Analysis on Stock Market for Text Mining Correlation of Economy News

─Abstract─ This paper proposes an information retrieval method for the economy news. The effect of economy news, are researched in the word level and stock market values are considered as the ground proof. The correlation between stock market prices and economy news is an already addressed problem for most of the countries. The most well-known approach is applying the text mining approaches to ...

متن کامل

News Sensitive Stock Trend Prediction

Stock market prediction with data mining techniques is one of the most important issues to be investigated. In this paper, we present a system that predicts the changes of stock trend by analyzing the influence of non-quantifiable information (news articles). In particular, we investigate the immediate impact of news articles on the time series based on the Efficient Markets Hypothesis. Several...

متن کامل

Predicting Company Revenue Trend using Financial News

Text data analysis has found its way in many applications, and our study focuses on the financial fields. Previous studies in financial indicator prediction are mostly based on econometric models. In recent years, with the advance of text mining techniques, more and more studies employ financial news as the data source for analysis. Most studies, however, aim to predict stock prices, identify t...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2014