Predicting Short-term Market Returns with LLM-generated Market Sentiment
November 7, 2023 - Investing Expertise, Sentiment Indicators
Does financial news sentiment as interpreted by large language models (LLM) such as ChatGPT and BARD predict short-term stock market returns? In their September 2023 paper entitled “Large Language Models and Financial Market Sentiment”, Shaun Bond, Hayden Klok and Min Zhu separately test the abilities of ChatGPT and BARD to predict daily, weekly and monthly… Keep Reading