Back to ResearchNLPModeling News Interactions and Influence for Financial Market Prediction
Findings of EMNLP · 2024
What this means for traders
Combining news text with price data meaningfully improves prediction quality over price-only models.
Abstract
Proves that fusing textual data (news) with price action (FININ model) increases the daily Sharpe Ratio by +0.429 compared to using price data alone.
MultimodalNLPMarket PredictionNews Analysis Read the full paper 