Analyzing stock market movements using news, tweets, stock prices and transactions volume data for APPLE (AAPL), GOOGLE (GOOG) and SONY (SNE)

Brijen Rai, Mangala Kasturi, Ching yu Huang

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Scopus citations

Abstract

Goal: Today’s financial markets are of complex behavior which is the result of decisions made by many traders. Goal of this research is to calculate the relationship between financial markets stock prices, volumes, counts in financial news and tweets. Method: Collect the data sets for the three companies - Apple, Google and Sony 1. Collect tweets using Twitter API written in Python and extract tweet counts only related to stocks for the above companies. 2. Collect News data counts using News API, written in Python, only related to stocks for the above companies. 3. Collect stocks data including Volume, Close Price, etc. for the above companies. Findings: We find a positive correlation between the daily number of mentions of the above companies in the Tweets, News, daily stocks close prices and daily transactions volume of a company's stock after the tweets and news are released. Our results provide measurable support for the suggestion that activities in financial markets, news and tweets are fundamentally interlinked.

Original languageEnglish
Title of host publicationProceedings of 2018 International Conference on Pattern Recognition and Artificial Intelligence, PRAI 2018
PublisherAssociation for Computing Machinery
Pages109-112
Number of pages4
ISBN (Electronic)9781450364829
DOIs
StatePublished - 15 Aug 2018
Event2018 International Conference on Pattern Recognition and Artificial Intelligence, PRAI 2018 - Union, United States
Duration: 15 Aug 201817 Aug 2018

Publication series

NameACM International Conference Proceeding Series

Conference

Conference2018 International Conference on Pattern Recognition and Artificial Intelligence, PRAI 2018
Country/TerritoryUnited States
CityUnion
Period15/08/1817/08/18

Keywords

  • Chi-square
  • Correlation
  • Data mining
  • News
  • Similarity
  • Stock price
  • Tweets
  • Volume

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