Natural language based financial forecasting : a survey

Natural language processing (NLP), or the pragmatic research perspective of computational linguistics, has become increasingly powerful due to data availability and various techniques developed in the past decade. This increasing capability makes it possible to capture sentiments more accurately and...

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Main Authors: Xing, Frank Z., Cambria, Erik, Welsch, Roy E.
Other Authors: School of Computer Science and Engineering
Format: Journal Article
Language:English
Published: 2020
Subjects:
Online Access:https://hdl.handle.net/10356/143831
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author Xing, Frank Z.
Cambria, Erik
Welsch, Roy E.
author2 School of Computer Science and Engineering
author_facet School of Computer Science and Engineering
Xing, Frank Z.
Cambria, Erik
Welsch, Roy E.
author_sort Xing, Frank Z.
collection NTU
description Natural language processing (NLP), or the pragmatic research perspective of computational linguistics, has become increasingly powerful due to data availability and various techniques developed in the past decade. This increasing capability makes it possible to capture sentiments more accurately and semantics in a more nuanced way. Naturally, many applications are starting to seek improvements by adopting cutting-edge NLP techniques. Financial forecasting is no exception. As a result, articles that leverage NLP techniques to predict financial markets are fast accumulating, gradually establishing the research field of natural language based financial forecasting (NLFF), or from the application perspective, stock market prediction. This review article clarifies the scope of NLFF research by ordering and structuring techniques and applications from related work. The survey also aims to increase the understanding of progress and hotspots in NLFF, and bring about discussions across many different disciplines.
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spelling ntu-10356/1438312020-09-25T02:40:18Z Natural language based financial forecasting : a survey Xing, Frank Z. Cambria, Erik Welsch, Roy E. School of Computer Science and Engineering Engineering::Computer science and engineering Financial Forecasting Natural Language Processing Natural language processing (NLP), or the pragmatic research perspective of computational linguistics, has become increasingly powerful due to data availability and various techniques developed in the past decade. This increasing capability makes it possible to capture sentiments more accurately and semantics in a more nuanced way. Naturally, many applications are starting to seek improvements by adopting cutting-edge NLP techniques. Financial forecasting is no exception. As a result, articles that leverage NLP techniques to predict financial markets are fast accumulating, gradually establishing the research field of natural language based financial forecasting (NLFF), or from the application perspective, stock market prediction. This review article clarifies the scope of NLFF research by ordering and structuring techniques and applications from related work. The survey also aims to increase the understanding of progress and hotspots in NLFF, and bring about discussions across many different disciplines. 2020-09-25T02:40:17Z 2020-09-25T02:40:17Z 2017 Journal Article Xing, F. Z., Cambria, E., & Welsch, R. E. (2018). Natural language based financial forecasting : a survey. Artificial Intelligence Review, 50, 49-73. doi:10.1007/s10462-017-9588-9 0269-2821 https://hdl.handle.net/10356/143831 10.1007/s10462-017-9588-9 50 49 73 en Artificial Intelligence Review © 2017 Springer Science+Business Media B.V. All rights reserved.
spellingShingle Engineering::Computer science and engineering
Financial Forecasting
Natural Language Processing
Xing, Frank Z.
Cambria, Erik
Welsch, Roy E.
Natural language based financial forecasting : a survey
title Natural language based financial forecasting : a survey
title_full Natural language based financial forecasting : a survey
title_fullStr Natural language based financial forecasting : a survey
title_full_unstemmed Natural language based financial forecasting : a survey
title_short Natural language based financial forecasting : a survey
title_sort natural language based financial forecasting a survey
topic Engineering::Computer science and engineering
Financial Forecasting
Natural Language Processing
url https://hdl.handle.net/10356/143831
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