A Comprehensive Review of Stock Price Prediction Using Text Mining

Authors

  • Hossein Hassani University of Tehran, Webster University Corresponding Author
  • Maedeh TajMazinani Author
  • Reza Raei Author

DOI:

https://doi.org/10.47654/v26y2022i2p116-152

Keywords:

Stock price prediction, Sentiment analysis, Text mining, Big data

Abstract

Purpose. In several research studies, stock price prediction has been explored, and sentiment analysis has been identified as essential for predicting stock price behavior. The availability of news and social media networks and the rapid development of natural language processing methods attracted many researchers to this field. However, there is a rare comprehensive framework for approaching the issue. As an interdisciplinary problem consisting of behavioral-economic and artificial intelligence, discussing previous studies clarify the path ahead for upcoming research.

Design/methodology/approach. This paper aims at promoting the existing literature in this field by focusing on different aspects of previous studies and presenting an explicit picture of their components. We, furthermore, compare each system with the rest and identify their main differentiating factors. This paper summarized and systematized studies that seek to predict stock prices based on text mining and sentiment analysis in a systematic review paper.

Findings. The results showed state-of-the-art algorithms and pre-processing approaches. It also discussed the developments made during recent years and addressed the existing gap in this field to the research community.

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Published

2022-05-26

How to Cite

Hassani, H., TajMazinani, M., & Raei, R. (2022). A Comprehensive Review of Stock Price Prediction Using Text Mining. Advances in Decision Sciences, 26(2), 116-152. https://doi.org/10.47654/v26y2022i2p116-152