Discovering the Correlation between Stock Time Series and Financial News

Author

Fu, Tak-chung ; Lee, Ka-ki ; Sze, Donahue ; Chung, Fu-lai ; Ng, Chak-man

Author_Institution

Dept. of Comput., Hong Kong Polytech. Univ., Hong Kong

Volume

1

fYear

2008

fDate

9-12 Dec. 2008

Firstpage

880

Lastpage

883

Abstract

It is always expected that a correlation exists between the movement of stock prices (technical analysis) and news sentiment (fundamental analysis). If we can determine such a correlation, further interesting research directions will certainly be generated. In this paper, a system prototype is proposed for investigating the correlation between stock prices and news sentiment. Our primary target market is Hong Kong and the system is customized for Chinese language. Different methods and the impacts of various design parameters are tested in the experiments.

Keywords

stock markets; time series; Chinese language; financial news; fundamental analysis; news sentiment; stock prices; stock time series; technical analysis; Algorithm design and analysis; Data visualization; Information management; Intelligent agent; Natural languages; Piecewise linear techniques; Prototypes; Stock markets; Testing; Time series analysis; data mining; financial news; sentiment analysis; stock time series;

fLanguage

English

Publisher

ieee

Conference_Titel

Web Intelligence and Intelligent Agent Technology, 2008. WI-IAT '08. IEEE/WIC/ACM International Conference on

Conference_Location

Sydney, NSW

Print_ISBN

978-0-7695-3496-1

Type

conf

DOI

10.1109/WIIAT.2008.228

Filename

4740568