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Measuring user influence in financial microblogs: experiments using stocktwits data

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Summary:In this paper, we study the effect of graph structure user in- fluence measures in financial social media. In particular, we explore rich and recent data, composed of 1.2 million Stock- Twits messages, from June 2010 to March 2013. These data allow the creation of social network graphs by considering direct active interactions (retweets, shares or replies). Using such graphs and a realistic rolling windows evaluation, we analyzed four user influence measures (indegree, between- ness, page rank and posts) under two criteria: Percentage of Quality Users (PQU), as manually labeled by StockTwits; and the daily sentiment correlation between top lists of in- fluential users and other users. The sentiment was based on a StockTwits labeled dataset and assessed in terms of three selections: overall sentiment (ALL) and filtered by two ma- jor technological companies (Apple – AAPL and Google – GOOG). Promising results were obtained, with several top lists pre- senting PQU values higher than 80% and correlations higher than 0.6. Overall, the best results were achieved by the page rank and posts measures.
Main Authors:Cortez, Paulo
Other Authors:Oliveira, Nuno Miguel Rocha; Ferreira, João Carlos Peixoto
Subject:Sentiment analysis Microblogging data Social networks User influence Stock markets Engenharia e Tecnologia::Engenharia Eletrotécnica, Eletrónica e Informática
Year:2016
Country:Portugal
Document type:conference paper
Access type:open access
Associated institution:Universidade do Minho
Language:English
Origin:RepositóriUM - Universidade do Minho
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author Cortez, Paulo
author2 Oliveira, Nuno Miguel Rocha
Ferreira, João Carlos Peixoto
author2_role author
author
author_facet Cortez, Paulo
Oliveira, Nuno Miguel Rocha
Ferreira, João Carlos Peixoto
author_role author
contributor_name_str_mv RepositóriUM - Universidade do Minho
country_str PT
creators_json_txt [{\"Person.name\":\"Cortez, Paulo\"},{\"Person.name\":\"Oliveira, Nuno Miguel Rocha\"},{\"Person.name\":\"Ferreira, João Carlos Peixoto\"}]
datacite.contributors.contributor.contributorName.fl_str_mv RepositóriUM - Universidade do Minho
datacite.creators.creator.creatorName.fl_str_mv Cortez, Paulo
Oliveira, Nuno Miguel Rocha
Ferreira, João Carlos Peixoto
datacite.date.Accepted.fl_str_mv 2016-01-01T00:00:00Z
datacite.date.available.fl_str_mv 2016-11-21T09:23:00Z
datacite.date.embargoed.fl_str_mv 2016-11-21T09:23:00Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Sentiment analysis
Microblogging data
Social networks
User influence
Stock markets
Engenharia e Tecnologia::Engenharia Eletrotécnica, Eletrónica e Informática
datacite.titles.title.fl_str_mv Measuring user influence in financial microblogs: experiments using stocktwits data
dc.contributor.none.fl_str_mv RepositóriUM - Universidade do Minho
dc.creator.none.fl_str_mv Cortez, Paulo
Oliveira, Nuno Miguel Rocha
Ferreira, João Carlos Peixoto
dc.date.Accepted.fl_str_mv 2016-01-01T00:00:00Z
dc.date.available.fl_str_mv 2016-11-21T09:23:00Z
dc.date.embargoed.fl_str_mv 2016-11-21T09:23:00Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv https://hdl.handle.net/1822/43067
dc.language.none.fl_str_mv eng
dc.publisher.none.fl_str_mv ACM
dc.rights.cclincense.fl_str_mv http://creativecommons.org/licenses/by/4.0/
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.rights.copyright.fl_str_mv openAccess
dc.subject.none.fl_str_mv Sentiment analysis
Microblogging data
Social networks
User influence
Stock markets
Engenharia e Tecnologia::Engenharia Eletrotécnica, Eletrónica e Informática
dc.title.fl_str_mv Measuring user influence in financial microblogs: experiments using stocktwits data
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_5794
description In this paper, we study the effect of graph structure user in- fluence measures in financial social media. In particular, we explore rich and recent data, composed of 1.2 million Stock- Twits messages, from June 2010 to March 2013. These data allow the creation of social network graphs by considering direct active interactions (retweets, shares or replies). Using such graphs and a realistic rolling windows evaluation, we analyzed four user influence measures (indegree, between- ness, page rank and posts) under two criteria: Percentage of Quality Users (PQU), as manually labeled by StockTwits; and the daily sentiment correlation between top lists of in- fluential users and other users. The sentiment was based on a StockTwits labeled dataset and assessed in terms of three selections: overall sentiment (ALL) and filtered by two ma- jor technological companies (Apple – AAPL and Google – GOOG). Promising results were obtained, with several top lists pre- senting PQU values higher than 80% and correlations higher than 0.6. Overall, the best results were achieved by the page rank and posts measures.
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eu_rights_str_mv openAccess
format conferencePaper
fulltext.url.fl_str_mv https://repositorium.uminho.pt/bitstreams/0f10811f-daa4-4f83-9eca-f18cea1108bb/download
id rum_3cc41c6b74f04c3d60f3ca2f8ef802f5
identifier.url.fl_str_mv https://hdl.handle.net/1822/43067
instacron_str repositorium
institution Universidade do Minho
instname_str Universidade do Minho
language eng
network_acronym_str rum
network_name_str RepositóriUM - Universidade do Minho
oai_identifier_str oai:repositorium.uminho.pt:1822/43067
organization_str_mv urn:organizationAcronym:repositorium
person_str_mv Cortez, Paulo
Oliveira, Nuno Miguel Rocha
Ferreira, João Carlos Peixoto
publishDate 2016
publisher.none.fl_str_mv ACM
reponame_str RepositóriUM - Universidade do Minho
repository_id_str urn:repositoryAcronym:rum
service_str_mv urn:repositoryAcronym:rum
spelling engACMporIn this paper, we study the effect of graph structure user in- fluence measures in financial social media. In particular, we explore rich and recent data, composed of 1.2 million Stock- Twits messages, from June 2010 to March 2013. These data allow the creation of social network graphs by considering direct active interactions (retweets, shares or replies). Using such graphs and a realistic rolling windows evaluation, we analyzed four user influence measures (indegree, between- ness, page rank and posts) under two criteria: Percentage of Quality Users (PQU), as manually labeled by StockTwits; and the daily sentiment correlation between top lists of in- fluential users and other users. The sentiment was based on a StockTwits labeled dataset and assessed in terms of three selections: overall sentiment (ALL) and filtered by two ma- jor technological companies (Apple – AAPL and Google – GOOG). Promising results were obtained, with several top lists pre- senting PQU values higher than 80% and correlations higher than 0.6. Overall, the best results were achieved by the page rank and posts measures.application/pdfporMeasuring user influence in financial microblogs: experiments using stocktwits dataCortez, PauloOliveira, Nuno Miguel RochaFerreira, João Carlos PeixotoHostingInstitutionOrganizationalRepositóriUM - Universidade do Minhoe-mailmailto:repositorium@usdb.uminho.ptrepositorium@usdb.uminho.ptCITATIONIn Proceedings of the 6th International Conference on Web Intelligence, Mining and Semantics (WIMS'16), article no. 17, Nimes, France, June, 2016, ACM, ISBN 978-1-4503-4056-4/16/06 (10 pages).ISBNIsPartOf978-1-4503-4056-4DOIIsPartOf10.1145/2912845.29128602016-11-21T09:23:00Z20162016-01-01T00:00:00ZHandlehttps://hdl.handle.net/1822/43067http://purl.org/coar/access_right/c_abf2open accessSentiment analysisMicroblogging dataSocial networksUser influenceStock marketshttp://www.oecd.org/science/inno/38235147.pdfFields of Science and Technology (FOS)Engenharia e Tecnologia::Engenharia Eletrotécnica, Eletrónica e Informática624172 bytesother research producthttp://purl.org/coar/resource_type/c_5794conference paper2016http://creativecommons.org/licenses/by/4.0/openAccesshttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://repositorium.uminho.pt/bitstreams/0f10811f-daa4-4f83-9eca-f18cea1108bb/download
spellingShingle Measuring user influence in financial microblogs: experiments using stocktwits data
Cortez, Paulo
Sentiment analysis
Microblogging data
Social networks
User influence
Stock markets
Engenharia e Tecnologia::Engenharia Eletrotécnica, Eletrónica e Informática
status SINGLETON
subject.fl_str_mv Sentiment analysis
Microblogging data
Social networks
User influence
Stock markets
subject.other.fl_str_mv Engenharia e Tecnologia::Engenharia Eletrotécnica, Eletrónica e Informática
title Measuring user influence in financial microblogs: experiments using stocktwits data
title_full Measuring user influence in financial microblogs: experiments using stocktwits data
title_fullStr Measuring user influence in financial microblogs: experiments using stocktwits data
title_full_unstemmed Measuring user influence in financial microblogs: experiments using stocktwits data
title_short Measuring user influence in financial microblogs: experiments using stocktwits data
title_sort Measuring user influence in financial microblogs: experiments using stocktwits data
topic Sentiment analysis
Microblogging data
Social networks
User influence
Stock markets
Engenharia e Tecnologia::Engenharia Eletrotécnica, Eletrónica e Informática
topic_facet Sentiment analysis
Microblogging data
Social networks
User influence
Stock markets
Engenharia e Tecnologia::Engenharia Eletrotécnica, Eletrónica e Informática
url https://hdl.handle.net/1822/43067
visible 1