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

Michael Nofer

  • 出版商: Springer
  • 出版日期: 2015-05-05
  • 售價: $3,020
  • 貴賓價: 9.5$2,869
  • 語言: 英文
  • 頁數: 148
  • 裝訂: Paperback
  • ISBN: 3658095075
  • ISBN-13: 9783658095079
  • 下單後立即進貨 (約1週~2週)


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.