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Stock Market Analysis using a combination of Textual Data and Numeric Time-Series
Abstract
This study identifies the feasibility of predicting stock market using the combination of Sentiment Analysis and Linear Regression. The factors on which the stock market depends were identified and then a consolidation of these factors was constructed to build up a prediction model. This prediction model incorporated both textual data from news articles published by authentic sources as well as numerical data of various economic identifiers. To analyze the textual data, Naïve Bayes Classifier and Lexicon based Sentiment Analysis was carried out and for numerical values, data analysis was performed using linear regression techniques to obtain optimal results. This model computed MMRE of 0.1561.
Lastly, a combination of identifiers that worked the best for prediction of stock values was computed and therefore, prioritized.
Keywords
References
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