{"id":1303,"date":"2010-10-19T10:05:18","date_gmt":"2010-10-18T23:05:18","guid":{"rendered":"https:\/\/scienceillustrated.com.au\/blog\/?p=1303"},"modified":"2010-10-19T10:05:33","modified_gmt":"2010-10-18T23:05:33","slug":"using-twitter-to-predict-the-stock-market","status":"publish","type":"post","link":"https:\/\/scienceillustrated.com.au\/blog\/science\/using-twitter-to-predict-the-stock-market\/","title":{"rendered":"Using Twitter to predict the stock market"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1305\" title=\"Twitter-bird-logo\" src=\"https:\/\/scienceillustrated.com.au\/blog\/wp-content\/uploads\/2010\/10\/Twitter-bird-logo.jpg\" alt=\"\" width=\"605\" height=\"375\" srcset=\"https:\/\/scienceillustrated.com.au\/blog\/wp-content\/uploads\/2010\/10\/Twitter-bird-logo.jpg 605w, https:\/\/scienceillustrated.com.au\/blog\/wp-content\/uploads\/2010\/10\/Twitter-bird-logo-300x186.jpg 300w, https:\/\/scienceillustrated.com.au\/blog\/wp-content\/uploads\/2010\/10\/Twitter-bird-logo-119x74.jpg 119w\" sizes=\"(max-width: 605px) 100vw, 605px\" \/><strong>Tapping the zeitgeist on Twitter can be used to predict the stock market, new research has found.<!--more--><\/strong><\/p>\n<p>Social networking platform <a href=\"http:\/\/twitter.com\/sci_illustrated\" target=\"_blank\">Twitter<\/a> tracks trends and moods across populations accurately enough to predict outcomes in purchasing, <a href=\"http:\/\/www.technologyreview.com\/blog\/arxiv\/25900\/?ref=rss\" target=\"_blank\">according to a study<\/a> from Johan Bollen and Huina Mao from Indiana University in the US and Xiao-Jun Zeng from the University of Manchester in the UK.<\/p>\n<p>Two mood-tracking tools were used to determine emotional sentiment. OpinionFinder measures positive versus negative emotions, while the other, Google-Profile of Mood States (GPOMS), allocates moods into six categories: Calm, alert, vital, kind and happy. The results were compared to Dow Jones data to determine if, and how, moods related to peaks and drops in the stock market.<\/p>\n<p>Calm and happiness, isolated from the other variables, were found to significantly improve the accuracy of prediction models. &#8220;General happiness&#8221; measured by OpinionFinder was not found to have a predictive effect, the researchers say.<\/p>\n<p>The study was inspired in part by studies showing public discussion in online forums can indicate book and movie sales.<\/p>\n<p>[via <a href=\"http:\/\/www.technologyreview.com\/blog\/arxiv\/25900\/?ref=rss\" target=\"_blank\">Technology Review<\/a>]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tapping the zeitgeist on Twitter can be used to predict the stock market, new research has found.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,36,8,9],"tags":[26],"class_list":["post-1303","post","type-post","status-publish","format-standard","hentry","category-internet","category-news","category-science","category-technology","tag-rhiannon-elston"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/scienceillustrated.com.au\/blog\/wp-json\/wp\/v2\/posts\/1303"}],"collection":[{"href":"https:\/\/scienceillustrated.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/scienceillustrated.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/scienceillustrated.com.au\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/scienceillustrated.com.au\/blog\/wp-json\/wp\/v2\/comments?post=1303"}],"version-history":[{"count":6,"href":"https:\/\/scienceillustrated.com.au\/blog\/wp-json\/wp\/v2\/posts\/1303\/revisions"}],"predecessor-version":[{"id":1310,"href":"https:\/\/scienceillustrated.com.au\/blog\/wp-json\/wp\/v2\/posts\/1303\/revisions\/1310"}],"wp:attachment":[{"href":"https:\/\/scienceillustrated.com.au\/blog\/wp-json\/wp\/v2\/media?parent=1303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/scienceillustrated.com.au\/blog\/wp-json\/wp\/v2\/categories?post=1303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/scienceillustrated.com.au\/blog\/wp-json\/wp\/v2\/tags?post=1303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}