Analysis of stock price return using textual data and numerical data through text mining

Satoru Takahashi, Masakazu Takahashi, Hiroshi Takahashi, Kazuhiko Tsuda

Research output: Chapter in Book/Report/Conference proceedingConference contribution

4 Citations (Scopus)

Abstract

In finance task domain, it is indispensable to get and analyze information as quickly as possible. Analyst's reports are one of the important information in asset management, and these include a large amount of text information. However, it is very difficult to handle text information of analyst's reports, few research and development have been conducted. In [5] and [6] we explored the feasibility to extract valuable knowledge for asset management through text mining using analyst's reports as text data. And we found the effectiveness of keyword information. In this paper we make further research of analyst's reports. From empirical study on the practical data, we have confirmed the effectiveness of using keyword information and numerical information together: (1) the effectiveness of keyword information is different by the direction of change of earning estimate; (2) the keyword of "Upward (or Downward) surprise in forecast" has strong effect to stock price return.

Original languageEnglish
Title of host publicationLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Pages310-316
Number of pages7
Volume4252 LNAI - II
Publication statusPublished - 2006
Externally publishedYes
Event10th International Conference on Knowledge-Based Intelligent Information and Engineering Systems, KES 2006 - Bournemouth, United Kingdom
Duration: 2006 Oct 92006 Oct 11

Publication series

NameLecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)
Volume4252 LNAI - II
ISSN (Print)03029743
ISSN (Electronic)16113349

Other

Other10th International Conference on Knowledge-Based Intelligent Information and Engineering Systems, KES 2006
CountryUnited Kingdom
CityBournemouth
Period06/10/906/10/11

Fingerprint

Knowledge Management
Asset management
Data Mining
Text Mining
Stock Prices
Finance
Research
Asset Management
Direction compound
Research and Development
Empirical Study
Forecast

ASJC Scopus subject areas

  • Computer Science(all)
  • Biochemistry, Genetics and Molecular Biology(all)
  • Theoretical Computer Science

Cite this

Takahashi, S., Takahashi, M., Takahashi, H., & Tsuda, K. (2006). Analysis of stock price return using textual data and numerical data through text mining. In Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics) (Vol. 4252 LNAI - II, pp. 310-316). (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 4252 LNAI - II).

Analysis of stock price return using textual data and numerical data through text mining. / Takahashi, Satoru; Takahashi, Masakazu; Takahashi, Hiroshi; Tsuda, Kazuhiko.

Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics). Vol. 4252 LNAI - II 2006. p. 310-316 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics); Vol. 4252 LNAI - II).

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Takahashi, S, Takahashi, M, Takahashi, H & Tsuda, K 2006, Analysis of stock price return using textual data and numerical data through text mining. in Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics). vol. 4252 LNAI - II, Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), vol. 4252 LNAI - II, pp. 310-316, 10th International Conference on Knowledge-Based Intelligent Information and Engineering Systems, KES 2006, Bournemouth, United Kingdom, 06/10/9.
Takahashi S, Takahashi M, Takahashi H, Tsuda K. Analysis of stock price return using textual data and numerical data through text mining. In Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics). Vol. 4252 LNAI - II. 2006. p. 310-316. (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)).
Takahashi, Satoru ; Takahashi, Masakazu ; Takahashi, Hiroshi ; Tsuda, Kazuhiko. / Analysis of stock price return using textual data and numerical data through text mining. Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics). Vol. 4252 LNAI - II 2006. pp. 310-316 (Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics)).
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