Open AccessTwitter investment alerts for Ibex35 securities
Author(s) -
Raúl Gómez Martínez,
María Luisa Medrano García,
Jose Antonio Gallego Vázquez
Publication year - 2017
Publication title -
revista perspectiva empresarial
Language(s) - English
Resource type - Journals
eISSN - 2389-8194
pISSN - 2389-8186
DOI - 10.16967/rpe.v4n1a4
Subject(s) - sentiment analysis , mood , stock (firearms) , investment (military) , social media , business , index (typography) , stock market index , actuarial science , computer science , stock market , world wide web , psychology , political science , geography , artificial intelligence , social psychology , context (archaeology) , archaeology , politics , law
This paper sought to find the statistical relationship between Twitter messages and the evolution of the Spanish stocks mentioned in Tweets. We analyzed information from Twitter to evaluate stock sentiment using Stockbuzz - the first tool to gather information from the social network in Spanish. Stockbuzz has been developed by Spanish bank BBVA and shows the investors’ mood for the IBEX 35 Spanish index. We use the application on investment decision making and calculate the average return depending on positive or negative Investors’ Mood. We conclude that twitter is a valid tool to generate investment alerts.