• Title/Summary/Keyword: Good News

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Predicting stock movements based on financial news with systematic group identification (시스템적인 군집 확인과 뉴스를 이용한 주가 예측)

  • Seong, NohYoon;Nam, Kihwan
    • Journal of Intelligence and Information Systems
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    • v.25 no.3
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    • pp.1-17
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    • 2019
  • Because stock price forecasting is an important issue both academically and practically, research in stock price prediction has been actively conducted. The stock price forecasting research is classified into using structured data and using unstructured data. With structured data such as historical stock price and financial statements, past studies usually used technical analysis approach and fundamental analysis. In the big data era, the amount of information has rapidly increased, and the artificial intelligence methodology that can find meaning by quantifying string information, which is an unstructured data that takes up a large amount of information, has developed rapidly. With these developments, many attempts with unstructured data are being made to predict stock prices through online news by applying text mining to stock price forecasts. The stock price prediction methodology adopted in many papers is to forecast stock prices with the news of the target companies to be forecasted. However, according to previous research, not only news of a target company affects its stock price, but news of companies that are related to the company can also affect the stock price. However, finding a highly relevant company is not easy because of the market-wide impact and random signs. Thus, existing studies have found highly relevant companies based primarily on pre-determined international industry classification standards. However, according to recent research, global industry classification standard has different homogeneity within the sectors, and it leads to a limitation that forecasting stock prices by taking them all together without considering only relevant companies can adversely affect predictive performance. To overcome the limitation, we first used random matrix theory with text mining for stock prediction. Wherever the dimension of data is large, the classical limit theorems are no longer suitable, because the statistical efficiency will be reduced. Therefore, a simple correlation analysis in the financial market does not mean the true correlation. To solve the issue, we adopt random matrix theory, which is mainly used in econophysics, to remove market-wide effects and random signals and find a true correlation between companies. With the true correlation, we perform cluster analysis to find relevant companies. Also, based on the clustering analysis, we used multiple kernel learning algorithm, which is an ensemble of support vector machine to incorporate the effects of the target firm and its relevant firms simultaneously. Each kernel was assigned to predict stock prices with features of financial news of the target firm and its relevant firms. The results of this study are as follows. The results of this paper are as follows. (1) Following the existing research flow, we confirmed that it is an effective way to forecast stock prices using news from relevant companies. (2) When looking for a relevant company, looking for it in the wrong way can lower AI prediction performance. (3) The proposed approach with random matrix theory shows better performance than previous studies if cluster analysis is performed based on the true correlation by removing market-wide effects and random signals. The contribution of this study is as follows. First, this study shows that random matrix theory, which is used mainly in economic physics, can be combined with artificial intelligence to produce good methodologies. This suggests that it is important not only to develop AI algorithms but also to adopt physics theory. This extends the existing research that presented the methodology by integrating artificial intelligence with complex system theory through transfer entropy. Second, this study stressed that finding the right companies in the stock market is an important issue. This suggests that it is not only important to study artificial intelligence algorithms, but how to theoretically adjust the input values. Third, we confirmed that firms classified as Global Industrial Classification Standard (GICS) might have low relevance and suggested it is necessary to theoretically define the relevance rather than simply finding it in the GICS.

A Study on the Stage Costume Design for the Musical Jekyll and Hyde - Focusing on the Nature of Good and Evil - (뮤지컬 '지킬 앤 하이드'에 나타난 무대의상 디자인 연구 - 선과 악의 캐릭터를 중심으로 -)

  • Beom, Seo-Hee;Lee, In-Seong
    • Journal of the Korean Society of Costume
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    • v.60 no.4
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    • pp.45-57
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    • 2010
  • The costume in musical is an important visual factor that contributes to the level of stage completion by for the character and overall atmosphere of the whole play. Besides, as if it is has a fixed times in the drama, it has to produce to consider an opinion of producer to express the theme, atmosphere of a play and especially in the period adventure drama, to revive as it is historical dress, there is not creation at stage of today. This research is studied into the stage costume of the musical 'Jekyll and Hyde' an adapted to express image of good and evil in the one character. For this research, it researched costume of Victoria period in England, study character of main actor by analysis of the play in an original work, examine the stage costume of the musical 'Jekyll and Hyde' performed in the inside and outside of the country. In the musical stage costume, by character difficult of stage costume, factor of design feature divided to good and evil and compare feature design of stage costume, research new design express method to consider musical acting, moreover through designing and producing the costume to be suitable for the content of the work. This research consists of research and actual production of work, study of documentary records, collection and analysis of overseas performances, news releases, video material and internet research were the methods of this study.

Development of Natural and Ecological Wastewater Treatment System for Decentralized Regions and Rural Communities (분산지역 및 농촌마을 하수처리를 위한 자연정화 고도처리 공법 개발)

  • Kim, Song-Bae;Kwon, Tae-Young;Han, Jung-Yoon;Yoon, Chun-Gyeong
    • Korean Journal of Ecology and Environment
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    • v.39 no.4 s.118
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    • pp.489-497
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    • 2006
  • The feasibility of the Natural and Ecological Wastewater treatment System (NEWS) was examined for rural wastewater treatment in Korea. The intermittent trickling biofilter with high hydrophilic filter media was used for pretreatment for suspended solids and organic pollutants. The subsequent constructed wetland with porous granule materials was used for promoting nutrient removal. The results show that the removal efficiencies of the system were high with respect to the water quality parameters except COD. Even if the effluent from the biofilter did not meet the guidelines for wastewater treatment plant effluent in Korea in terms of $BOD_5$ and TN, the final effluent of the system meets the guidelines us to good performance of the constructed wetland. The regression analysis between pollutant loading rate and removal rate indicated that the system could have stable removal for SS, $BOD_5$, TN, and TP in the given influent ranges. The analysis in the winter period indicated that the wetland covered with transparent polycarbonate glass had the statble performance during the winter period dus to increase of temperature inside the wetland without any heating system. With the stable performance, effective poilutant removal, low maintenance, and cost-effectiveness, the NEWS could be considered as an alternative treatment system for decentralized regions and rural communities in Korea.

The Change of Media and Emerging Journalistic Norm and Value: An exploration Based on the Young-hee Rhee's Idea (뉴미디어 환경과 언론인 직업 규범의 변화: 리영희 언론정신을 통한 탐색연구)

  • Lee, Bong-Hyun
    • Korean journal of communication and information
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    • v.59
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    • pp.31-49
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    • 2012
  • This study investigates normative role model of the journalists under the changing environment. Firstly, this article explores what pressure the new media environment gives to the journalists in their routine of news production and distribution. These are stated from the angle of epistemological, professional and interactive pressure. Next, as a reference for the standard journalism in the age of mass media, the idea of Rhee Young-hee, a late journalist who won respects from many Korean journalists, is studied. His firm belief in the pursuit of hard facts, rigorous investigative writing and expertism are spelt out. Then, this study explores how, in real term, this pressure changes the journalistic value, norm and practices in the newsroom. Ten of Koran journalists are interviewed in order to get their idea about the emerging journalistic standards under the digital environment. From this in-depth interviews, it is conclued that the pursuit of hard fact, investigative writing, expertism of Rhee Young-hee are, nonetheless the change of the media technology, still effective and provide good reference points for the enhancement of the standard of journalism in Korea. However, it is also suggested that the methods to fulfil desirable journalism in the digital age should be different from that of the mass communication age. The interviewees make propose that the journalist, as a network node, news curator or coordinator, should actively interact with the audiences facilitating their enhanced potential as a news 'prosumer'(producer and consumer).

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Experimental Study on Satellite Image Restoration for Vanished Area by Dam Construction

  • Yeon, Sang-Ho;Hong, Il-Hwa
    • Proceedings of the KSRS Conference
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    • 2003.11a
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    • pp.1424-1426
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    • 2003
  • It will be a real good news for the people who were lost their hometown by the construction of a large dam to be restored to the former state. Focused on Cheung-Pyung around where most part were flooded by the Chungju large Dam founded in early 1980s, we used Remote Sensing Technique in this study in order to restore topographical features before the flood with 3 dimensional effects. We gathered comparatively good satellite photos and remotely sensed digital images, then we made a new color image from these and the topographical map which had been made before the flood. This task was putting together two kinds of different timed images. And then, we generated DEM including the outskirts of that area as harmonizing current contour lines with the map. That could be a perfect 3D image of Cheung-Pyung around before when it had been flood by making perspective images from all directions, north, south, east and west, for showing there in three dimensions. Also, flying simulation we made for close visiting can bring us to experience their real space at that time.

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A study of indexing system based on thesaurus for newspaper database (시소러스를 이용한 신문기사 데이타베이스 색인시스템에 관한 연구)

  • 한상길
    • Journal of the Korean Society for information Management
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    • v.11 no.1
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    • pp.125-144
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    • 1994
  • The Matter of vmbulary control for newspaper database has been studied for a long time. These efforts hadn't made any good achievements until JOINS Thesaurus system developed. The purpx of this paper is to introduce JOINS Thesaurus whch the Jcong-ang Daily News has developed for the first time in Korea. In addtion to that, thls study is corn- the efficiency of Auto-Indexing system with postcontrolled indexlng system for newspaper database on thesaurus.

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A Study on the Theological Symbolism on the Tabernacle's Expressed in Modern Church Architecture (현대교회건축에서 표현되는 성막건축의 신학적 상징성에 관한 연구)

  • Oh Tae-Joo;Lee Sang-Ho
    • Korean Institute of Interior Design Journal
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    • v.14 no.6 s.53
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    • pp.185-192
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    • 2005
  • The Tabernacle was Personally designed by God and was ordered from God to Moses to build it as the first Piece of church architecture that accurately showed God's love and will of salvation towards humankind. Tabernacles, through the architecture of tabernacles teaches the Lord being among us. His Holiness and man's sins, and also reflects the path of eternity as well as the good news and salvation through Jesus Christ. And the Tabernacle is talking of the Glory of New Jerusalem that is provided Kingdom of Heaven for us at the same time being a completion of a final and ultimate church constructed long predicted through the Bible being already designed by God. The external expression of modern architecture may follow the uniqueness of that age but the special quality of the interior and exterior symbolism of church architecture will have to consist the standards of God for He is the first, sincere designer.

A Study on Developing a Profitable Intra-day Trading System for KOSPI 200 Index Futures Using the US Stock Market Information Spillover Effect

  • Kim, Sun-Woong;Choi, Heung-Sik;Lee, Byoung-Hwa
    • Journal of Information Technology Applications and Management
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    • v.17 no.3
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    • pp.151-162
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    • 2010
  • Recent developments in financial market liberalization and information technology are accelerating the interdependence of national stock markets. This study explores the information spillover effect of the US stock market on the overnight and daytime returns of the Korean stock market. We develop a profitable intra-day trading strategy based on the information spillover effect. Our study provides several important conclusions. First, an information spillover effect still exists from the overnight US stock market to the current Korean stock market. Second, Korean investors overreact to both good and bad news overnight from the US. Therefore, there are significant price reversals in the KOSPI 200 index futures prices from market open to market close. Third, the overreaction effect is different between weekdays and weekends. Finally, the suggested intra-day trading system based on the documented overreaction hypothesis is profitable.

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Relative Difficulty of Various English Writings by Fuzzy Reasoning and Its Application to Selecting Teaching Materials

  • Ban, Hiromi;Dederick, Toby;Nambo, Hidetaka;Oyabu, Takashi
    • Industrial Engineering and Management Systems
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    • v.3 no.1
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    • pp.85-91
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    • 2004
  • The writing styles of TIME and Newsweek are analyzed using a specially developed linguistic program. These two news magazines were chosen because of their wide popularity. As for the results, it became obvious that both the frequency curve of words and that of characters have not changed for the past 60 years. Also, we have found that the frequency curves have some inflection points and that the genre of English writings can be identified by these points. After counting the percentage of required vocabulary for junior high school students and high school students in English writings, we can derive the relative difficulties of them using fuzzy reasoning. Fuzzy rules are constructed using features of the characteristic curves. We feel it would be a good guide index when selecting textbooks or supplementary readers.

Comics with Drama: New Communication in Wedia

  • Hu, Jia-Wen;Tsang, Seng-Su
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.9 no.10
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    • pp.4143-4159
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    • 2015
  • We-the-media (aka wedia) is a concept where the users of social networking sites, such as Facebook, turn into the broadcasters. This study used the popular application Bitstrips as the experiment tool. Facebook was used as the Wedia platform for publishing designed comics, then used the three elements of Goffman's dramaturgy model-role, scene and dialog-to analyze 265 comics created by 3 researchers and observe the audience's responses within 9 months. The results showed that people want to see a good story with positive dialogue, and prefer scene is school more than work. As all these elements are controllable, Wedia communication has the potential for more applications. We also found that including the elements of news, gambling and gift-giving tended to trigger greater response. Furthermore, We suggesting that such embedding of product information in web episodes (webisodes) with caricature could be a successful marketing strategy.