arXiv · 1507.00784
Twitter Sentiment Analysis Applied to Finance: A Case Study in the Retail Industry
Abstract
This paper presents a financial analysis over Twitter sentiment analytics extracted from listed retail brands. We investigate whether there is statistically-significant information between the Twitter sentiment and volume, and stock returns and volatility. Traditional newswires are also considered as a proxy for the market sentiment for comparative purpose. The results suggest that social media is indeed a valuable source in the analysis of the financial dynamics in the retail sector even when compared to mainstream news such as the Wall Street Journal and Dow Jones Newswires.
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Thársis Tuani Pinto Souza, Olga Kolchyna, Philip C. Treleaven, Tomaso Aste. 2015-07-02. Twitter Sentiment Analysis Applied to Finance: A Case Study in the Retail Industry. https://arxiv.org/abs/1507.00784
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