Austin Artificial Intelligence's Full Company Logo.
Magnifier icon.
Magnifier icon.
HomeSuccinctlyUse CasesFinancial ServicesFinancialAboutBlog
Get In Touch
Contact
Modernizing the Buy-Side
(May 8th Event)

Using Social Media Data to Give Asset Managers an Edge

Results:

Diamond-shaped gold icon as bullet point.

The implementation of sentiment analysis for "Meme" stock rating enabled hedge funds to identify stocks with high social media visibility and positive sentiment.

Diamond-shaped gold icon as bullet point.

The production environment running automated scraping and calculations multiple times per day ensured timely insights for trading decisions.

Desk with smartphone and charts.

Conclusion:

Diamond-shaped gold icon as bullet point.

Austin Ai empowered a hedge fund to effectively identify and assess “Meme” stocks using scaping and NLP on social media sites. Our approach broadened the fund’s library of alpha signals in a unique way, allowing them to make better trading decisions which improved the return vs risk profile for its customers. The system was fully productionized in an institutional quality manner.

Computer screens with blue lighting.
Diamond-shaped blue and yellow icon as bullet point.

Data Collection

Historical data is collected from social media platforms, with text extracted from audio sources for analysis.

Diamond-shaped blue and yellow icon as bullet point.

Ticker Extraction

Intelligent NLP applied for accurate extraction of ticker symbols and company names from text data.

Diamond-shaped blue and yellow icon as bullet point.

Portfolio Formation

Portfolios are formed based on the calculated stock ratings, incorporating both ticker frequency and sentiment analysis.

Stock market chart on screen.
Diamond-shaped blue and yellow icon as bullet point.

Sentiment Analysis

BERT Model trained on financial corpus employed for sentiment analysis, with customized phrases and emoji analysis for nuanced sentiment understanding.

Diamond-shaped blue and yellow icon as bullet point.

Model Training

Various models, including neural networks, are trained to predict stock volume and price movements based on sentiment scores.

Diamond-shaped blue and yellow icon as bullet point.

Trading Strategy

Portfolios traded in real-time, with insights derived from sentiment analysis influencing trading decisions.

Hand pointing at bar chart.
Diamond-shaped blue and yellow icon as bullet point.

Sentiment Analysis

BERT Model trained on financial corpus employed for sentiment analysis, with customized phrases and emoji analysis for nuanced sentiment understanding.


Diamond-shaped blue and yellow icon as bullet point.

Model Training

Various models, including neural networks, are trained to predict stock volume and price movements based on sentiment scores.

Diamond-shaped blue and yellow icon as bullet point.

Trading Strategy

Portfolios traded in real-time, with insights derived from sentiment analysis influencing trading decisions.

Laptop on desk with notebook.
Diamond-shaped blue and yellow icon as bullet point.

Data Collection

Historical data is collected from social media platforms, with text extracted from audio sources for analysis.

Diamond-shaped blue and yellow icon as bullet point.

Ticker Extraction

Intelligent NLP applied for accurate extraction of ticker symbols and company names from text data.

Diamond-shaped blue and yellow icon as bullet point.

Portfolio Formation

Portfolios are formed based on the calculated stock ratings, incorporating both ticker frequency and sentiment analysis.

Dashboard with metrics and analytics.
Austin Artificial Intelligence
info@austinai.ioPO Box 340511,
Lakeway, TX 78734, US
Get Started
Book an AssessmentConnect on LinkedIn
AboutContactServicesUse Cases
This site is protected by reCAPTCHA, and Google's Privacy Policy & Terms of Service apply to its use.
Copyright © 2024 Austin Artificial Intelligence. All rights reserved.