The value of social media for predicting stock returns : preconditions, instruments and performance analysis

Author(s)

    • Nofer, Michael
    • Hinz, Oliver

Bibliographic Information

The value of social media for predicting stock returns : preconditions, instruments and performance analysis

Michael Nofer ; with a foreword by Oliver Hinz

(Research)

Springer Vieweg, 2015

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Includes bibliographical references

Description and Table of Contents

Description

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.

Table of Contents

Introduction.- Market Anomalies on Two-Sided Auction Platforms.- Are Crowds on the Internet Wiser than Experts? - The Case of a Stock Prediction Community.- Using Twitter to Predict the Stock Market: Where is the Mood Effect?.- The Economic Impact of Privacy Violations and Security Breaches - A Laboratory Experiment.- Literature.

by "Nielsen BookData"

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