Research: Twitter sentiment trends reflect Facebook IPO trends

Source: Internet
Author: User
Tags stock prices

The trend of stock prices has always been hard to understand. But on the day of Facebook's IPO, Twitter magically predicted every trend in its stock price change.

The social media monitoring platform Datasift monitors Facebook
Twitter sentiment on the day of the IPO. That is to say, people publish a lot of comments about Facebook's IPO on Twitter, which may include some emotional tendencies, such as positive or negative ones. The conclusion shows that every turning of Twitter's sentiment will affect Facebook's stock price fluctuations, with a delay of only a few minutes to more than 20 minutes.

Datasift draws a Graph Based on the 58665 pieces of tweet interactions generated by 95019 users, which clearly reflects the relationship between the two, which is basically positively correlated.

For example, Facebook's Twitter sentiment gradually turned negative before the opening, and its share price began to drop in 25 minutes. When Twitter's sentiment turned positive, Facebook's share price rebounded eight minutes later. Finally, when the stock market close, Twitter's sentiment turned negative, and Facebook's share price began to fall again 10 minutes later.

Of course, the Datasift diagram does not reveal the relationship between Twitter and the stock price, nor prove that Twitter has an impact on the stock price. However, foreign and domestic social media sentiment semantic analysis has started, and attempts to find another way to predict the stock price trend. Entrepreneurs who are interested in social media and stocks can take a look.

Address: http://www.36kr.com/p/111013.html

Yuanwe

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