Predicting Stock Market Indexes, Two Days In Advance, Using NewsInn Algorithm
Radu Nicoara ()
Business and Economic Research, 2015, vol. 5, issue 2, 308-314
Abstract:
NewsInn is an A.I. Driven Algorithm that processes and conglomerates news from major news publications. It uses an opinion extraction algorithm to do a sentiment analysis on every news article. Considering that stock markets are heavily influenced be world news, we conducted a study to show the link between the detected sentiment inside the news, and the most used Stock Market Indexes: S&P 500, Dow Jones and NASDAQ. Results showed an almost 70.00% accuracy in predicting market fluctuation two days in advance.
Keywords: Artificial Intelligence; Stock Market Index; Sentiment Analysis (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:mth:ber888:v:5:y:2015:i:2:p:308-314
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