Twitter analysis provides stock predictions

Monday, April 4, 2011 - 10:03 in Mathematics & Economics

Economists at the Technical University of Munich have developed a website that predicts individual stock trends. To this end, economists are using automatic text analysis methods to evaluate thousands of daily Twitter microblog messages, so-called "tweets". On www.TweetTrader.net , current forecasts are available for all S&P 500 listed stocks.

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