menu search

"ChatGPT outperforms traditional sentiment analysis methods" to forecast stock prices

Here's a link to an academic paper that examined:Can ChatGPT Forecast Stock Price Movements?The abstract reads:We examine the potential of ChatGPT, and other large language models, in predicting stock market returns using sentiment analysis of news headlines. We use ChatGPT to indicate whether a given headline is good, bad, or irrelevant news for firms' stock prices. We then compute a numerical score and document a positive correlation between these "ChatGPT scores" and subsequent daily stock ma... Read More
Posted: Apr 18 2023, 00:52
Author Name: forexlive
Views: 101978

Search within

Pages Search Results: