AZFinTextとは 意味・読み方・使い方

Arizona Financial Text System (AZFinText) is a quantitative textual financial prediction system written by Robert P. Schumaker of Cleveland State University and Hsinchun Chen of the University of Arizona. This system differs from other quants because it uses financial text as one of its key means of predicting stock price movement. This reduces the information lag-time problem evident in many similar systems where new information must be transcribed (e.g., such as losing a costly court battle or having a product recall), before the quant can react appropriately. AZFinText overcomes these limitations by utilizing the terms used in financial news articles to predict future stock prices twenty minutes after the news article has been released . It is believed that certain article terms can move stocks more than others. Terms such as factory exploded or workers strike will have a depressing effect on stock prices whereas terms such as earnings rose will tend to increase stock prices. When a human trading expert sees certain terms, they will react in a somewhat predictable fashion. AZFinText capitalizes on the arbitrage opportunities that exist when investment experts over and under-react to certain news stories. By analyzing breaking financial news articles and focusing on specific parts of speech, portfolio selection, term weighting and even article sentiment, the AZFinText system becomes a powerful tool and is a radically different way of looking at stock market prediction.