How Financial News Can Be Used to Train Good Financial Models 📰 Numbers tell you what happened, but news tells you why. I’ve written an article explaining how news can be used to train AI models for sentiment analysis and better forecasting. Hope you find it interesting!
Given a news title, it calculates a sentiment score : if the score crosses a certain threshold, the strategy decides to buy or sell. Each trade lasts one day, and the strategy then computes the daily return. For Tesla the best model seems to be the regression 👀 Just a quick note: the model uses the closing price as the buy price, meaning it already reflects the impact of the news.
How Financial News Can Be Used to Train Good Financial Models 📰 Numbers tell you what happened, but news tells you why. I’ve written an article explaining how news can be used to train AI models for sentiment analysis and better forecasting. Hope you find it interesting!