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Large language models (LLMs) play an increasingly important role in financial markets analysis by capturing signals from complex and heterogeneous textual data sources, such as tweets, news articles, reports, and microblogs. However, their…

Computation and Language · Computer Science 2025-12-19 Alvaro Paredes Amorin , Andre Python , Christoph Weisser

We introduce a new language representation model in finance called Financial Embedding Analysis of Sentiment (FinEAS). In financial markets, news and investor sentiment are significant drivers of security prices. Thus, leveraging the…

Computation and Language · Computer Science 2021-11-22 Asier Gutiérrez-Fandiño , Miquel Noguer i Alonso , Petter Kolm , Jordi Armengol-Estapé

Pre-trained language models (PLMs) like BERT have made great progress in NLP. News articles usually contain rich textual information, and PLMs have the potentials to enhance news text modeling for various intelligent news applications like…

Computation and Language · Computer Science 2021-09-03 Chuhan Wu , Fangzhao Wu , Yang Yu , Tao Qi , Yongfeng Huang , Qi Liu

This paper introduces a novel approach that leverages Large Language Models (LLMs) and Generative Agents to enhance time series forecasting by reasoning across both text and time series data. With language as a medium, our method adaptively…

Artificial Intelligence · Computer Science 2024-10-31 Xinlei Wang , Maike Feng , Jing Qiu , Jinjin Gu , Junhua Zhao

This study presents a comparative analysis of deep learning methodologies such as BERT, FinBERT and ULMFiT for sentiment analysis of earnings call transcripts. The objective is to investigate how Natural Language Processing (NLP) can be…

Computation and Language · Computer Science 2026-03-24 Umair Zakir , Evan Daykin , Amssatou Diagne , Jacob Faile

Sentiment analysis plays a pivotal role in understanding public opinion, particularly in the political domain where the portrayal of entities in news articles influences public perception. In this paper, we investigate the effectiveness of…

Computation and Language · Computer Science 2024-04-09 Alapan Kuila , Sudeshna Sarkar

Predicting market movements based on the sentiment of news media has a long tradition in data analysis. With advances in natural language processing, transformer architectures have emerged that enable contextually aware sentiment…

Information Retrieval · Computer Science 2023-05-11 Himmet Kaplan , Ralf-Peter Mundani , Heiko Rölke , Albert Weichselbraun

In this study, we explore the application of sentiment analysis on financial news headlines to understand investor sentiment. By leveraging Natural Language Processing (NLP) and Large Language Models (LLM), we analyze sentiment from the…

Computation and Language · Computer Science 2024-06-21 Kangtong Mo , Wenyan Liu , Xuanzhen Xu , Chang Yu , Yuelin Zou , Fangqing Xia

Sentiment analysis is a very important natural language processing activity in which one identifies the polarity of a text, whether it conveys positive, negative, or neutral sentiment. Along with the growth of social media and the Internet,…

Computation and Language · Computer Science 2025-09-30 Meysam Shirdel Bilehsavar , Negin Mahmoudi , Mohammad Jalili Torkamani , Kiana Kiashemshaki

This project introduces an end-to-end trading system that leverages Large Language Models (LLMs) for real-time market sentiment analysis. By synthesizing data from financial news and social media, the system integrates sentiment-driven…

Trading and Market Microstructure · Quantitative Finance 2025-02-04 Ziyao Zhou , Ronitt Mehra

The rapid advancement of Large Language Models (LLMs) has spurred discussions about their potential to enhance quantitative trading strategies. LLMs excel in analyzing sentiments about listed companies from financial news, providing…

Computation and Language · Computer Science 2024-05-07 Haohan Zhang , Fengrui Hua , Chengjin Xu , Hao Kong , Ruiting Zuo , Jian Guo

By capturing the prevailing sentiment and market mood, textual data has become increasingly vital for forecasting commodity prices, particularly in metal markets. However, the effectiveness of lightweight, finetuned large language models…

Machine Learning · Computer Science 2026-04-01 Alvaro Paredes Amorin , Andre Python , Christoph Weisser

Large Language Models (LLMs), such as GPT-4 and Llama 2, show remarkable proficiency in a wide range of natural language processing (NLP) tasks. Despite their effectiveness, the high costs associated with their use pose a challenge. We…

Computation and Language · Computer Science 2024-03-26 Bálint Csanády , Lajos Muzsai , Péter Vedres , Zoltán Nádasdy , András Lukács

Financial sentiment analysis refers to classifying financial text contents into sentiment categories (e.g. positive, negative, and neutral). In this paper, we focus on the classification of financial news title, which is a challenging task…

Computation and Language · Computer Science 2024-01-11 Wei Luo , Dihong Gong

Large language models (LLMs) are deep learning algorithms being used to perform natural language processing tasks in various fields, from social sciences to finance and biomedical sciences. Developing and training a new LLM can be very…

General Finance · Quantitative Finance 2024-01-23 Valentina Aparicio , Daniel Gordon , Sebastian G. Huayamares , Yuhuai Luo

This paper applies a recurrent neural network, the LSTM, to forecast inflation. This is an appealing model for time series as it processes each time step sequentially and explicitly learns dynamic dependencies. The paper also explores the…

Econometrics · Economics 2023-10-03 Livia Paranhos

Traditional sentiment construction in finance relies heavily on the dictionary-based approach, with a few exceptions using simple machine learning techniques such as Naive Bayes classifier. While the current literature has not yet invoked…

Statistical Finance · Quantitative Finance 2022-07-08 Joshua Zoen Git Hiew , Xin Huang , Hao Mou , Duan Li , Qi Wu , Yabo Xu

This article presents a comparative study of large language models (LLMs) in the task of sentiment analysis of financial market news. This work aims to analyze the performance difference of these models in this important natural language…

Statistical Finance · Quantitative Finance 2025-10-21 Lucas Eduardo Pereira Teles , Carlos M. S. Figueiredo

Bond markets respond differently to macroeconomic news compared to equity markets, yet most sentiment models are trained primarily on general financial or equity news data. However, bond prices often move in the opposite direction to…

Computational Finance · Quantitative Finance 2026-03-24 Toby Barter , Zheng Gao , Eva Christodoulaki , Jing Chen , John Cartlidge

This paper investigates the potential improvement of the GPT-4 Language Learning Model (LLM) in comparison to BERT for modeling same-day daily stock price movements of Apple and Tesla in 2017, based on sentiment analysis of microblogging…

Statistical Finance · Quantitative Finance 2023-09-01 Rick Steinert , Saskia Altmann