The Value of Social Media for Predicting Stock Returns : Preconditions, Instruments and Performance Analysis

Nofer, Michael

ISBN 10: 3658095075 / ISBN 13: 9783658095079

Editore: Springer Vieweg 2015-05, 2015

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Codice articolo 6666-IUK-9783658095079

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Titolo: The Value of Social Media for Predicting ...

Casa editrice: Springer Vieweg 2015-05

Data di pubblicazione: 2015

Legatura: PF

Condizione: New

Descrizione articolo

Riassunto:

Michael Nofer examines whether and to what extent Social Media can be used to predict stock returns. Market-relevant information is available on various platforms on the Internet, which largely consist of user generated content. For instance, emotions can be extracted in order to identify the investors' risk appetite and in turn the willingness to invest in stocks. Discussion forums also provide an opportunity to identify opinions on certain companies. Taking Social Media platforms as examples, the author examines the forecasting quality of user generated content on the Internet.

Informazioni sull?autore:

Michael Nofer wrote his dissertation at the Chair of Information Systems | Electronic Markets at TU Darmstadt, Germany.