Computer Science > Computational Engineering, Finance, and Science
[Submitted on 2 Jan 2018]
Title:Exploiting Investors Social Network for Stock Prediction in China's Market
View PDFAbstract:Recent works have shown that social media platforms are able to influence the trends of stock price movements. However, existing works have majorly focused on the U.S. stock market and lacked attention to certain emerging countries such as China, where retail investors dominate the market. In this regard, as retail investors are prone to be influenced by news or other social media, psychological and behavioral features extracted from social media platforms are thought to well predict stock price movements in the China's market. Recent advances in the investor social network in China enables the extraction of such features from web-scale data. In this paper, on the basis of tweets from Xueqiu, a popular Chinese Twitter-like social platform specialized for investors, we analyze features with regard to collective sentiment and perception on stock relatedness and predict stock price movements by employing nonlinear models. The features of interest prove to be effective in our experiments.
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