Analysing market sentiment in financial news using lexical approach

Business and financial news bring us the latest information about the stock market. Studies have shown that business and financial news have a strong correlation with future stock performance. Therefore, extracting sentiments and opinions from business and financial news is useful as it may assist i...

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Main Authors: Tan, Li Im, Phang, Wai San, Chin, Kim On, Rayner Alfred, Patricia Anthony
Format: Conference or Workshop Item
Language:English
English
Published: 2013
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/31051/1/Analysing%20market%20sentiment%20in%20financial%20news%20using%20lexical%20approach_ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/31051/2/Analysing%20market%20sentiment%20in%20financial%20news%20using%20lexical%20approach.pdf
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author Tan, Li Im
Phang, Wai San
Chin, Kim On
Rayner Alfred
Patricia Anthony
author_facet Tan, Li Im
Phang, Wai San
Chin, Kim On
Rayner Alfred
Patricia Anthony
author_sort Tan, Li Im
collection UMS
description Business and financial news bring us the latest information about the stock market. Studies have shown that business and financial news have a strong correlation with future stock performance. Therefore, extracting sentiments and opinions from business and financial news is useful as it may assist in the stock price predictions. In this paper, we present a sentiment analyser for financial news articles using lexicon-based approach. We use polarity lexicon to identify the positive or negative polarity of each term in the corpus. We conducted two sets of experiment using non-stemming tokens and stemming tokens by considering individual word found in the newspaper. The preliminary results are presented and discussed in this paper.
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spelling ums.eprints-310512021-11-16T07:44:12Z https://eprints.ums.edu.my/id/eprint/31051/ Analysing market sentiment in financial news using lexical approach Tan, Li Im Phang, Wai San Chin, Kim On Rayner Alfred Patricia Anthony HG4501-6051 Investment, capital formation, speculation Business and financial news bring us the latest information about the stock market. Studies have shown that business and financial news have a strong correlation with future stock performance. Therefore, extracting sentiments and opinions from business and financial news is useful as it may assist in the stock price predictions. In this paper, we present a sentiment analyser for financial news articles using lexicon-based approach. We use polarity lexicon to identify the positive or negative polarity of each term in the corpus. We conducted two sets of experiment using non-stemming tokens and stemming tokens by considering individual word found in the newspaper. The preliminary results are presented and discussed in this paper. 2013 Conference or Workshop Item PeerReviewed text en https://eprints.ums.edu.my/id/eprint/31051/1/Analysing%20market%20sentiment%20in%20financial%20news%20using%20lexical%20approach_ABSTRACT.pdf text en https://eprints.ums.edu.my/id/eprint/31051/2/Analysing%20market%20sentiment%20in%20financial%20news%20using%20lexical%20approach.pdf Tan, Li Im and Phang, Wai San and Chin, Kim On and Rayner Alfred and Patricia Anthony (2013) Analysing market sentiment in financial news using lexical approach. In: 2013 IEEE Conference on Open Systems (ICOS), 2-4 December 2013, Kuching, Malaysia. (In Press) https://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=6735064&casa_token=K8BkSGlE9Z4AAAAA:OXAGxP3NQP8ZaGRegFkleQW9iwLjMEe8v7-noMT8kMV4tk1812IaDyMOp2yJHTu_NN21qft0JO0&tag=1
spellingShingle HG4501-6051 Investment, capital formation, speculation
Tan, Li Im
Phang, Wai San
Chin, Kim On
Rayner Alfred
Patricia Anthony
Analysing market sentiment in financial news using lexical approach
title Analysing market sentiment in financial news using lexical approach
title_full Analysing market sentiment in financial news using lexical approach
title_fullStr Analysing market sentiment in financial news using lexical approach
title_full_unstemmed Analysing market sentiment in financial news using lexical approach
title_short Analysing market sentiment in financial news using lexical approach
title_sort analysing market sentiment in financial news using lexical approach
topic HG4501-6051 Investment, capital formation, speculation
url https://eprints.ums.edu.my/id/eprint/31051/1/Analysing%20market%20sentiment%20in%20financial%20news%20using%20lexical%20approach_ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/31051/2/Analysing%20market%20sentiment%20in%20financial%20news%20using%20lexical%20approach.pdf
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