The Impact of Twitter Sentiments on Stock Market Trends

02/14/2023
by   Melvin Mokhtari, et al.
0

The Web is a vast virtual space where people can share their opinions, impacting all aspects of life and having implications for marketing and communication. The most up-to-date and comprehensive information can be found on social media because of how widespread and straightforward it is to post a message. Proportionately, they are regarded as a valuable resource for making precise market predictions. In particular, Twitter has developed into a potent tool for understanding user sentiment. This article examines how well tweets can influence stock symbol trends. We analyze the volume, sentiment, and mentions of the top five stock symbols in the S P 500 index on Twitter over three months. Long Short-Term Memory, Bernoulli Naïve Bayes, and Random Forest were the three algorithms implemented in this process. Our study revealed a significant correlation between stock prices and Twitter sentiment.

READ FULL TEXT

page 1

page 35

page 37

research
08/31/2023

Predicting Financial Market Trends using Time Series Analysis and Natural Language Processing

Forecasting financial market trends through time series analysis and nat...
research
12/23/2022

Cross-Domain Shopping and Stock Trend Analysis

This paper presents a cross-domain trend analysis that aims to identify ...
research
09/11/2017

A Modified Levy Jump-Diffusion Model Based on Market Sentiment Memory for Online Jump Prediction

In this paper, we propose a modified Levy jump diffusion model with mark...
research
10/03/2022

Sentiment Analysis of ESG disclosures on Stock Market

In this paper, we look at the impact of Environment, Social and Governan...
research
09/11/2023

Unraveling Managerial Tangents in Firm Disclosure: Concealing Issues or Being Exposed?

Earnings calls influence stock prices and are traditionally analyzed usi...
research
04/12/2018

Cashtag piggybacking: uncovering spam and bot activity in stock microblogs on Twitter

Microblogs are increasingly exploited for predicting prices and traded v...
research
03/13/2021

Impact of the COVID-19 outbreak on Italy's country reputation and stock market performance: a sentiment analysis approach

During the recent Coronavirus disease 2019 (COVID-19) outbreak, the micr...

Please sign up or login with your details

Forgot password? Click here to reset