Score: 1

Predicting Stock Movement with BERTweet and Transformers

Published: March 13, 2025 | arXiv ID: 2503.10957v1

By: Michael Charles Albada, Mojolaoluwa Joshua Sonola

Potential Business Impact:

Helps predict stock prices using Twitter.

Business Areas:
Predictive Analytics Artificial Intelligence, Data and Analytics, Software

Applying deep learning and computational intelligence to finance has been a popular area of applied research, both within academia and industry, and continues to attract active attention. The inherently high volatility and non-stationary of the data pose substantial challenges to machine learning models, especially so for today's expressive and highly-parameterized deep learning models. Recent work has combined natural language processing on data from social media to augment models based purely on historic price data to improve performance has received particular attention. Previous work has achieved state-of-the-art performance on this task by combining techniques such as bidirectional GRUs, variational autoencoders, word and document embeddings, self-attention, graph attention, and adversarial training. In this paper, we demonstrated the efficacy of BERTweet, a variant of BERT pre-trained specifically on a Twitter corpus, and the transformer architecture by achieving competitive performance with the existing literature and setting a new baseline for Matthews Correlation Coefficient on the Stocknet dataset without auxiliary data sources.

Country of Origin
🇺🇸 United States

Page Count
9 pages

Category
Computer Science:
Machine Learning (CS)