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BiverWordle: Visualizing Stock Market Sentiment with Financial Text Data and Trends

Published: 20 October 2023 Publication History

Abstract

While financial forums are increasingly significant in financial analysis, current visualization tools do not properly exploit their text data. To address this, we present BiverWordle, a novel tool that reveals the relationship between market sentiment and firm trends. BiverWordle integrates candlestick chart, ThemeRiver, and Wordle with text classification and sentiment analysis techniques to decode market dynamics from textual sources, such as shareholder opinions and firm announcements. With the application of a Voting model to the manually labeled data, we achieved an accuracy of approximately 64%. BiverWordle facilitates the extraction of shareholder insights from sparse comments and provides a visual method for historical stock trend analysis, which we validated with three distinct stock trends. Resources are accessible at https://github.com/Brian-Lei-XIA/BiverWordle.

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      VINCI '23: Proceedings of the 16th International Symposium on Visual Information Communication and Interaction
      September 2023
      308 pages
      ISBN:9798400707513
      DOI:10.1145/3615522
      Publication rights licensed to ACM. ACM acknowledges that this contribution was authored or co-authored by an employee, contractor or affiliate of a national government. As such, the Government retains a nonexclusive, royalty-free right to publish or reproduce this article, or to allow others to do so, for Government purposes only.

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      Published: 20 October 2023

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      Author Tags

      1. Financial Text Processing
      2. Sentiment Analysis
      3. Visualization

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