{"title":"Combining Time Series and Sentiment Analysis for Stock Market\u0000Forecasting","authors":"Hsiao-Chuan Chou, K. Ramachandran","doi":"10.11159/icsta21.132","DOIUrl":"https://doi.org/10.11159/icsta21.132","url":null,"abstract":"Objective of this research is to build a model to predict stock price using sentimental information from news headlines and historical prices, and the model is able to not only conclude better results but also minimize the difference between predicted values and actual values. News headlines show impact on stock price. Unlike previous approaches where the textual information were usually calculated into sentiment score, we apply various approaches to extract information from news headlines. On the other hand, price data through time series are also useful to predict stock prices. Hence, improvement is made with combination of sentiment analysis of news headlines and time series analysis of historical prices, and the combination is able to complement nonavailability of sentiment lexicon and lack of news. Compared to time series models and word embedding models, our combined model shows smaller or similarly error measures MAPE, MAE, and RMSE with time series models, and reduces lag in graphs.","PeriodicalId":403959,"journal":{"name":"Proceedings of the 3rd International Conference on Statistics: Theory and Applications","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133183153","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}