Researchers say they can predict weekly stock performance from media news reports

Researchers from VTB and HSE University-St Petersburg have come up with an algorithm for predicting stock price fluctuations in the Russian market by analyzing financial news. By making financial projections for next week (or month), the novel STTM (Stock Tonal Topic Modeling) algorithm can help investors build more effective financial strategies. The paper has been published in PeerJ Computer Science.

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