| Challenge: | Existing studies mainly adopt coarse-grained events, which loses the specific semantic information of diverse event types. |
| Approach: | They propose to use a finance event dictionary to extract fine-grained events from finance news to train a neural model that uses the extracted events as the distant supervised label to train stock prediction. |
| Outcome: | The proposed method outperforms baselines and has good generalizability. |
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| Challenge: | Using financial news, we can predict stock market behaviours by extracting financial events from the news and ranking the importance of the events. |
| Approach: | They propose to combine open information extraction and neural co-reference resolution to extract financial events from news streams and extend hierarchical attention networks that include attentions on event, news and temporal levels. |
| Outcome: | The proposed method achieves significantly better accuracies and higher simulated annualized returns than state-of-the-art models when being applied to predicting Standard&Poor 500, Dow Jones, Nasdaq indices and 10 individual stocks. |
Deep Attentive Learning for Stock Movement Prediction From Social Media Text and Company Correlations (2020.emnlp-main)
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| Challenge: | Existing models that predict stock movements are based on time series and technical analysis, but price signals alone fail to capture market surprises and impacts of sudden unexpected events. |
| Approach: | They propose a model that integrates chaotic temporal signals from financial data and social media to create hierarchical temporal networks. |
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Financial Event Extraction Using Wikipedia-Based Weak Supervision (D19-51)
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Liat Ein-Dor, Ariel Gera, Orith Toledo-Ronen, Alon Halfon, Benjamin Sznajder, Lena Dankin, Yonatan Bilu, Yoav Katz, Noam Slonim
| Challenge: | Existing methods for detecting financial and economic events from text have relied on a knowledge-base of financial events, or corresponding financial figures. |
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Trade the Event: Corporate Events Detection for News-Based Event-Driven Trading (2021.findings-acl)
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| Challenge: | Existing models that use textual features and sentiments to make stock predictions are poor explainability and low signal-to-noise ratio. |
| Approach: | They propose a bi-level event detection model that detects corporate events from news articles and an elaborately-annotated dataset EDT for corporate event detection and news-based stock prediction benchmark. |
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Extracting Financial Events from Raw Texts via Matrix Chunking (2024.lrec-main)
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| Challenge: | Event Extraction (EE) is widely used in the Chinese financial field to provide valuable structured information. |
| Approach: | They propose a task which extracts financial events from raw texts and an efficient method called MACK. |
| Outcome: | The proposed method is fault-tolerant and can visualize interactions among text components. |
LLMFactor: Extracting Profitable Factors through Prompts for Explainable Stock Movement Prediction (2024.findings-acl)
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| Challenge: | Recent work has focused on the performance of Large Language Models (LLMs) but the finance sector is relying on time-series data for complex forecasting tasks. |
| Approach: | They propose a framework that employs Sequential Knowledge-Guided Prompting to identify factors that influence stock movements using LLMs. |
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FAST: Financial News and Tweet Based Time Aware Network for Stock Trading (2021.eacl-main)
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| Challenge: | Existing methods for stock movement prediction are limited and do not account for the fine-grain temporal irregularities in the release of large volumes of text. |
| Approach: | They propose a hierarchical, learning to rank approach that uses textual data to make time-aware predictions for ranking stocks based on expected profit. |
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Group, Extract and Aggregate: Summarizing a Large Amount of Finance News for Forex Movement Prediction (D19-51)
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| Challenge: | Existing studies on forex prediction ignore related text completely and focus on forex trade data only, which loses important semantic information. |
| Approach: | They propose a BERT-based Hierarchical Aggregation Model to summarize forex news . they group news from different aspects and extract the most crucial news in each group . |
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Stock Movement Prediction from Tweets and Historical Prices (P18-1)
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| Challenge: | a novel deep generative model exploits text and price signals to make stochastic stock movement predictions. |
| Approach: | They propose a deep generative model exploiting text and price signals to solve this problem. |
| Outcome: | The proposed model exploits text and price signals to make temporally-dependent predictions from chaotic data. |
DCFEE: A Document-level Chinese Financial Event Extraction System based on Automatically Labeled Training Data (P18-4)
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| Challenge: | Existing methods to extract events from documents are limited due to the high cost of labeling . Experimental results demonstrate the effectiveness of a document-level Chinese financial event extraction system. |
| Approach: | They propose a document-level Chinese financial event extraction framework which detects event mentions and extracts events from financial news. |
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