Friday, August 10, 2018

Volatility Wisdom of Social Media Crowds

"Information contained in the volatility sentiment extracted from broader social media data sources can be used to create profitable investment strategies for stock market volatility ... A large database of tweets contains useful information about future stock market volatility.  [Social Anomaly Score strategies] are able to outperform a benchmark by harnessing the volatility wisdom of social media crowds."

KARAGOZOGLU, A. K., & FABOZZI, F. J. (2017). Volatility Wisdom of Social Media Crowds. Journal Of Portfolio Management, 43(2), 136-151.

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