Text analysis system for measuring the influence of news articles on intraday price changes in financial markets

Keiichi Goshima; Hiroshi Takahashi

doi:10.1007/978-3-319-39883-9_28

Text analysis system for measuring the influence of news articles on intraday price changes in financial markets

Keiichi Goshima, Hiroshi Takahashi

Graduate School of Business Administration

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

1 Citation (Scopus)

Abstract

This study constructs a text analysis system for analyzing financial markets. This system enables us to investigate the influence of news article on intraday price changes. In this study, we examine the automobile companies in Japan to analyze the relationship between news articles and stock price reactions. As a result of empirical analyses, we confirmed that stock prices reflect news information in a timely manner. These results are suggestive from both academic and practical view points. More detailed analyses are planned for the future.

Original language	English
Title of host publication	Agent and Multi-Agent Systems: Technology and Applications - 10th KES International Conference, KES-AMSTA 2016, Proceedings
Publisher	Springer Science and Business Media Deutschland GmbH
Pages	341-348
Number of pages	8
Volume	58
ISBN (Print)	9783319398822
DOIs	https://doi.org/10.1007/978-3-319-39883-9_28
Publication status	Published - 2016
Event	10th KES International Conference on Agent and Multi-Agent Systems: Technology and Applications, KES-AMSTA 2016 - Puerto de la Cruz, Tenerife, Spain Duration: 2016 Jun 15 → 2016 Jun 17

Publication series

Name	Smart Innovation, Systems and Technologies
Volume	58
ISSN (Print)	21903018
ISSN (Electronic)	21903026

Other

Other	10th KES International Conference on Agent and Multi-Agent Systems: Technology and Applications, KES-AMSTA 2016
Country	Spain
City	Puerto de la Cruz, Tenerife
Period	16/6/15 → 16/6/17

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Keywords

Asset management business
Asset pricing
Finance
Market micro structure
Natural language processing
Text mining

ASJC Scopus subject areas

Computer Science(all)
Decision Sciences(all)

Cite this

Goshima, K., & Takahashi, H. (2016). Text analysis system for measuring the influence of news articles on intraday price changes in financial markets. In Agent and Multi-Agent Systems: Technology and Applications - 10th KES International Conference, KES-AMSTA 2016, Proceedings (Vol. 58, pp. 341-348). (Smart Innovation, Systems and Technologies; Vol. 58). Springer Science and Business Media Deutschland GmbH. https://doi.org/10.1007/978-3-319-39883-9_28

Text analysis system for measuring the influence of news articles on intraday price changes in financial markets. / Goshima, Keiichi; Takahashi, Hiroshi.

Agent and Multi-Agent Systems: Technology and Applications - 10th KES International Conference, KES-AMSTA 2016, Proceedings. Vol. 58 Springer Science and Business Media Deutschland GmbH, 2016. p. 341-348 (Smart Innovation, Systems and Technologies; Vol. 58).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Goshima, K & Takahashi, H 2016, Text analysis system for measuring the influence of news articles on intraday price changes in financial markets. in Agent and Multi-Agent Systems: Technology and Applications - 10th KES International Conference, KES-AMSTA 2016, Proceedings. vol. 58, Smart Innovation, Systems and Technologies, vol. 58, Springer Science and Business Media Deutschland GmbH, pp. 341-348, 10th KES International Conference on Agent and Multi-Agent Systems: Technology and Applications, KES-AMSTA 2016, Puerto de la Cruz, Tenerife, Spain, 16/6/15. https://doi.org/10.1007/978-3-319-39883-9_28

Goshima K, Takahashi H. Text analysis system for measuring the influence of news articles on intraday price changes in financial markets. In Agent and Multi-Agent Systems: Technology and Applications - 10th KES International Conference, KES-AMSTA 2016, Proceedings. Vol. 58. Springer Science and Business Media Deutschland GmbH. 2016. p. 341-348. (Smart Innovation, Systems and Technologies). https://doi.org/10.1007/978-3-319-39883-9_28

Goshima, Keiichi ; Takahashi, Hiroshi. / Text analysis system for measuring the influence of news articles on intraday price changes in financial markets. Agent and Multi-Agent Systems: Technology and Applications - 10th KES International Conference, KES-AMSTA 2016, Proceedings. Vol. 58 Springer Science and Business Media Deutschland GmbH, 2016. pp. 341-348 (Smart Innovation, Systems and Technologies).

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Access to Document

10.1007/978-3-319-39883-9_28