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Enhancing Equity Trading through Ensemble Learning with Reddit Sentiment Analysis and Explainable Artificial Intelligence

2024· article· en· W4403024268 on OpenAlexaff
Joon Young Choi, Mariam El Mezouar

Bibliographic record

Venuenot available
Typearticle
Languageen
FieldDecision Sciences
TopicStock Market Forecasting Methods
Canadian institutionsRoyal Military College of Canada
Fundersnot available
KeywordsComputer scienceEquity (law)Sentiment analysisArtificial intelligenceEnsemble learningMachine learningPolitical science

Abstract

fetched live from OpenAlex

The challenge of accurately predicting stock market movements largely stems from its nature as a game with incomplete information. With the emergence of social media, platforms like Reddit became key arenas for expressing financial senti-ments, offering new insights into market dynamics influenced by retail investors. In this study, we trained an XGBoost model using daily financial data for Tesla, including technical indicators and sentiment analysis derived from Reddit posts about the company. This approach enhanced the model's ability to predict market directions, achieving a statistically significant improvement in accuracy with a p-value of 0.000237. Furthermore, our model is equipped with Explainable AI to allow users to understand the basis of its predictions, increasing transparency and trust. Implementing a straightforward trading strategy based on these predictions yielded a 174.36% gain in a backtest from December 2022 to December 2023, outperforming the baseline stock by 42.40 points and the S&P 500 index by 147.97 points. This paper highlights the potential of leveraging social media sentiments to gain deeper market insights.

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.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.003
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.006
Threshold uncertainty score0.013

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.003
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0010.000
Science and technology studies0.0000.000
Scholarly communication0.0010.001
Open science0.0010.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0010.000

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 head0.170
GPT teacher head0.439
Teacher spread0.269 · 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

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations3
Published2024
Admission routes1
Has abstractyes

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