Classification of Stock Price Movement With Sentiment Analysis and Commodity Price: Case Study of Metals and Mining Sector

Nadika Sigit Sinatrya, Indra Budi, Aris Budi Santoso

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The unstable nature and complex behavior of the stock market make the prediction or forecasting process very difficult. The high level of debt and the declining price-earning ratio have bad implications for investment in metals and mining sector. This paper proposes a classification model for stock price movement based on financial news data, historical stock prices and commodity price data. We experiment with Support Vector Machine (SVM), Naive Bayes, and K-Nearest Neighbor (KNN) algorithm. The classifier then categorized the price into 'up', 'down', and 'constant'. The result shows that the best model is achieved by Naive Bayes Algorithm with an accuracy of 60% in three days period by combining copper price and sentiment analysis features.

Original languageEnglish
Title of host publicationProceedings - ICACSIS 2022
Subtitle of host publication14th International Conference on Advanced Computer Science and Information Systems
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages59-64
Number of pages6
ISBN (Electronic)9781665489362
DOIs
Publication statusPublished - 2022
Event14th International Conference on Advanced Computer Science and Information Systems, ICACSIS 2022 - Virtual, Online, Indonesia
Duration: 1 Oct 20223 Oct 2022

Publication series

NameProceedings - ICACSIS 2022: 14th International Conference on Advanced Computer Science and Information Systems

Conference

Conference14th International Conference on Advanced Computer Science and Information Systems, ICACSIS 2022
Country/TerritoryIndonesia
CityVirtual, Online
Period1/10/223/10/22

Keywords

  • data mining
  • mining industry
  • sentiment analysis
  • stock price prediction

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