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Record W4377107670 · doi:10.5430/ijfr.v14n3p1

Application of Machine Learning With News Sentiment in Stock Trading Strategies

2023· article· en· W4377107670 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.

venuePublished in a venue whose home country is Canada.
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

VenueInternational Journal of Financial Research · 2023
Typearticle
Languageen
FieldDecision Sciences
TopicStock Market Forecasting Methods
Canadian institutionsnot available
Fundersnot available
KeywordsMachine learningTechnical analysisArtificial intelligenceSupport vector machineComputer scienceTrading strategySentiment analysisGradient boostingArtificial neural networkRandom forestEconometricsEconomicsFinancial economics

Abstract

fetched live from OpenAlex

This study empirically tested the feasibility of machine learning in trading strategies using technical indicators and news information as the feature variables for machine learning. Six indicators were adopted in this study, including moving average (MA), moving average convergence/divergence (MACD), relative strength index (RSI), stochastic oscillator (KD), and on-balance volume (OBV), and news sentiment ratio (SR) developed in this study via text mining. Selected machine learning models, including support vector machine (SVM), eXtreme Gradient Boosting (XGBoost), recurrent neural network (RNN), and long short-term memory (LSTM), were also employed for investigation. This study backtested the daily historical data of the constituent stocks in the Taiwan Top 50 ETF from January 1, 2003, to December 31, 2018, using three categories of trading strategies along with conventional and countertrend operations. The following conclusions were drawn after analyzing the performance of these trading strategies via various means: 1. Technical indicators such as MA, MACD, and RSI performed poorly in most cases. 2. Specific parameters were of relative importance to several technical indicators, including MA, MACD, RSI, and OBV. 3. OBV was a technical indicator with a positive impact on trading strategies. 4. The machine learning-based XGBoost models were able to outperform trading strategies with technical indicators under specific scenarios. 5. SR, the news sentiment ratio developed in this study, could not significantly improve the performance of machine learning models. The empirical results of this study suggest that these machine-learning models are capable of analyzing long-term stock price movements to some extent.

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)0.016
metaresearch head score (Gemma)0.012
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMetaresearch
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.836
Threshold uncertainty score0.996

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0160.012
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.002
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0000.001
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 head0.230
GPT teacher head0.523
Teacher spread0.292 · 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