Discovering the correlation between stock time series and financial news

Authors

Tak Chung Fu, Hong Kong Institute of Vocational Education (Sha Tin), Vocational Training CouncilFollow
Ka Ki Lee
Donahue Sze
Fu Lai Chung
Chak Man Ng, Vocational Training CouncilFollow

Document Type

Conference Proceeding

Publication Date

2008

DOI

10.1109/WIIAT.2008.228

Abstract

It is always expected that a correlation exists between the movement of stock prices (technical analysis) and news sentiment (fundamental analysis). If we can determine such a correlation, further interesting research directions will certainly be generated. In this paper, a system prototype is proposed for investigating the correlation between stock prices and news sentiment. Our primary target market is Hong Kong and the system is customized for Chinese language. Different methods and the impacts of various design parameters are tested in the experiments.

Source Publication

2008 IEEE/WIC/ACM International Conference on Web Intelligence and Intelligent Agent Technology, 2008 Dec 9-12, Sydney, Australia

Volume Number

1

ISBN

9780769534961

First Page

880

Last Page

883

Recommended Citation

Fu, T.,Lee, K.,Sze, D.,Chung, F.,& Ng, C. (2008). Discovering the correlation between stock time series and financial news. 2008 IEEE/WIC/ACM International Conference on Web Intelligence and Intelligent Agent Technology, 2008 Dec 9-12, Sydney, Australia, 1, 880-883. http://dx.doi.org/10.1109/WIIAT.2008.228