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Record W2916869717 · doi:10.1002/asi.24173

Analyzing stock market trends using social media user moods and social influence

2019· article· en· W2916869717 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

fundA Canadian funder is recorded on the work.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueJournal of the Association for Information Science and Technology · 2019
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicComplex Systems and Time Series Analysis
Canadian institutionsnot available
FundersNational Youth Foundation of ChinaMultiple Sclerosis Scientific Research Foundation
KeywordsMicrobloggingIrrational numberSocial mediaStock marketBehavioral economicsFinancial marketStock (firearms)ChinaFinancial economicsComputer scienceEconomicsFinanceWorld Wide WebPolitical scienceLaw

Abstract

fetched live from OpenAlex

Information from microblogs is gaining increasing attention from researchers interested in analyzing fluctuations in stock markets. Behavioral financial theory draws on social psychology to explain some of the irrational behaviors associated with financial decisions to help explain some of the fluctuations. In this study we argue that social media users who demonstrate an interest in finance can offer insights into ways in which irrational behaviors may affect a stock market. To test this, we analyzed all the data collected over a 3‐month period in 2011 from Tencent Weibo (one of the largest microblogging websites in China). We designed a social influence (SI)‐based Tencent finance‐related moods model to simulate investors' irrational behaviors, and designed a Tencent Moods‐based Stock Trend Analysis (TM_STA) model to detect correlations between Tencent moods and the Hushen‐300 index (one of the most important financial indexes in China). Experimental results show that the proposed method can help explain the data fluctuation. The findings support the existing behavioral financial theory, and can help to understand short‐term rises and falls in a stock market. We use behavioral financial theory to further explain our findings, and to propose a trading model to verify the proposed model.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.271
Threshold uncertainty score0.330

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0020.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0000.000
Scholarly communication0.0000.002
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.017
GPT teacher head0.236
Teacher spread0.219 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it