StockGuru: Smart Way to Predict Stock Price Using Machine Learning

Anjana Rajeev; Padmanayana; Harshitha D

doi:10.21276/ijircst.2021.9.4.12

Abstract

Stock price prediction is a trending concept in today’s world. The proposed work uses Twitter data to predict public mood and use the predicted mood to predict the stock market movements. The ceaseless use of social media in the contemporary era has reached unprecedented levels, which has led to the belief that the
expressed public sentiment could be correlated with the behaviour of stock prices. Here we develop a system that collects past tweets, processes them further, and examines the electiveness of various machine learning techniques such as Naive Bayes classification and XgBoost algorithm, for providing a positive, negative or neutral sentiment on the tweet corpus. Subsequently, work employs equivalent machine learning algorithms to analyze how
tweets correlate with stock market price behaviour. Finally, examine our prediction’s error by comparing our algorithm’s outcome with the next day’s actual close price. Here proposed work takes data from Twitter and also to improve the accuracy proposed work also takes stock data from newspapers and yahoo finance also. The final results seem to be promising as we found a correlation between the sentiment of tweets and stock prices.

Keywords

Sentimental Analysis, Machine Learning, Twitter API, Yahoo Finance.

References

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https://arxiv.org/pdf/1610.09225
https://www.econstor.eu/bitstream/10419/215436/1/GLO-DP-0502.pdf
https://www.researchgate.net/publication/311843931_Stock_Price_Forecasting_via_Sentiment_Analysis_on_Twitter

Cites this article as

A. Rajeev, Padmanayana, H. D, " StockGuru: Smart Way to Predict Stock Price Using Machine Learning ", International Journal of Innovative Research in Engineering & Management (ijircst), Vol-9, Issue-4, Page No-48-52, 2021. Available from: https://doi.org/10.21276/ijircst.2021.9.4.12

Corresponding Author

Anjana Rajeev

Student, Department of Computer Science and Engineering, Srinivas Institute of Technology, Valachil, Karnataka, India (anjanamalamal@gmail.com)

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