NDLI: Enhancing Financial Decision-Making Using Social Behavior Modeling

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Content Provider	ACM Digital Library
Author	Choudhary, Alok Agrawal, Ankit Liu, Ruoqian Liao, Wei-keng
Abstract	Financial trading is a social activity that involves every participant's decision making. Meanwhile, people's online behavior collectively creates the public emotion which affects investors' reactions and hence market movements. This process can be modeled by connecting online social behavior and future trading behavior to better understand mechanisms of the stock movement so as to assist financial decision making. In this paper, we investigate the query information of financially related Wikipedia pages, and show that early signs of trading volume movements can be detected which expose financial risks. We embed this information into a classic pairs trading strategy acting on a large portfolio of stocks. Over 23% profits are seen when testing on the year of 2013 and 20% comes from the inclusion of online social data.
Starting Page	1
Ending Page	5
Page Count	5
File Format	PDF
ISBN	9781450331920
DOI	10.1145/2659480.2659505
Language	English
Publisher	Association for Computing Machinery (ACM)
Publisher Date	2014-08-24
Publisher Place	New York
Access Restriction	Subscribed
Subject Keyword	Algorithmic trading Social activity modeling Wikipedia
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Enhancing Financial Decision-Making Using Social Behavior Modeling