Applied Text-Mining Algorithms for Stock Price Prediction Based on Financial News Articles

This article includes a developed model and well-defined process that one should undertake in order to contribute in the prediction of the potential stock price fluctuation solely based on financial news from relevant sources. We are providing background information on this topic adding the role...

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Bibliographic Details
Main Authors: Adrian Besimi, Zamir Dika, Visar Shehu, Mubarek Selimi
Format: Article
Language:English
Published: University of Primorska 2019-12-01
Series:Managing Global Transitions
Subjects:
Online Access:http://www.hippocampus.si/ISSN/1854-6935/17.335-351.pdf
Description
Summary:This article includes a developed model and well-defined process that one should undertake in order to contribute in the prediction of the potential stock price fluctuation solely based on financial news from relevant sources. We are providing background information on this topic adding the role of text mining in general, furthermore supporting the idea with the study of relevant research articles to narrow the focus on the problemwe are researching.Our proposedmodel relies on existing text-mining techniques used for sentiment analysis, combinedwith historical data from relevant news sources as well as stock data. In confirming the model, after the experiment we have provided the results of the simulation, which are opening the ground for further explorations in this sensitive area of prediction.
ISSN:1581-6311
1854-6935