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Analysis of the Relation Between Stock Price Returns and Headline News Using Text Categorization

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Knowledge-Based Intelligent Information and Engineering Systems (KES 2007)

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 4693))

Abstract

In this paper, we analyze about the relation between stock price returns and Headline News. Headline News is very important sources of information in asset management, and is sent in large quantities every day. We study the effect of more than 13,000 Headline News sent from JIJI PRESS. We classify Headline News using Text Categorization and analyze the reaction of a stock price return for every type of News. From our research, we figure out following issues; 1) we make the Text Categorization System that has about 80% of classification accuracy, 2) this system can extract effective information to stock price returns from Headline News.

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Author information

Authors and Affiliations

  1. Mitsui Asset Trust and Banking Co., Ltd., 3-23-1 Shiba, Minato-ku, Tokyo, Japan

    Satoru Takahashi

  2. Graduate School of Systems Management, The University of Tsukuba, 3-29-1 Otsuka, Bunkyo-ku, Tokyo, Japan

    Satoru Takahashi & Kazuhiko Tsuda

  3. Shimane University, 1060 Nishikawatsu-cho, Matsue-shi, Shimane, Japan

    Masakazu Takahashi

  4. Okayama University, 1-1, Tsushima-Naka, 1-Chome, Okayama, Japan

    Hiroshi Takahashi

Authors
  1. Satoru Takahashi
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  2. Masakazu Takahashi
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  3. Hiroshi Takahashi
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  4. Kazuhiko Tsuda
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Editor information

Editors and Affiliations

  1. Dipartimento di Scienze dell’Informazione, Università degli Studi di Milano, Via Comelico 39/41, 20135, Milano, Italy

    Bruno Apolloni

  2. Centre for SMART Systems, School of Engineering, University of Brighton, BN2 4GJ, Brighton, UK

    Robert J. Howlett

  3. Knowledge-Based Intelligent Engineering Systems Centre, University of South Australia, Mawson Lakes, SA 5095, Adelaide, Australia

    Lakhmi Jain

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© 2007 Springer-Verlag Berlin Heidelberg

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Takahashi, S., Takahashi, M., Takahashi, H., Tsuda, K. (2007). Analysis of the Relation Between Stock Price Returns and Headline News Using Text Categorization. In: Apolloni, B., Howlett, R.J., Jain, L. (eds) Knowledge-Based Intelligent Information and Engineering Systems. KES 2007. Lecture Notes in Computer Science(), vol 4693. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-74827-4_167

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  • DOI: https://doi.org/10.1007/978-3-540-74827-4_167

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-540-74826-7

  • Online ISBN: 978-3-540-74827-4

  • eBook Packages: Computer ScienceComputer Science (R0)

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