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

Nofer, Michael

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.

Details

Published by: Springer Vieweg

Publication Date: 2015-05-05

Format: Paperback

ISBN-13: 9783658095079

DOI: 10.1007/978-3-658-09508-6

Dimensions: 210cm x148cm

Pages: 128