Comparison with existing work
| Work done | Data sources | Stock data | Tool for sentiment analysis | Prediction method | Accuracy |
|---|---|---|---|---|---|
| Wang et al | Online Forum | CSI 300 | LSTM | Machine Learning Algorithms | Avg: 77.83% |
| Das et al | Stock-related articles headlines from “Economic Times,” Tweets from Twitter, Financial news from “Economic Times” and Facebook comments | Nifty 50 | VADER, Logistic Regression, Loughran–McDonald, Henry, TextBlob, Linear SVC and Stanford | LSTM | Linear SVC: 98.32% Logistic Regression: 97.67% VADER: 96.85% Loughran–McDonald: 94.78% Henry: 96.36% TextBlob: 96.48% Stanford: 96.57% |
| Proposed work | Twitter, VIX and Momentum | Nifty 50 | VADER | CNN-BDLSTM | Avg: 98.47% |
| Work done | Data sources | Stock data | Tool for sentiment analysis | Prediction method | Accuracy |
|---|---|---|---|---|---|
| Wang | Online Forum | CSI 300 | LSTM | Machine Learning Algorithms | Avg: 77.83% |
| Das | Stock-related articles headlines from “Economic Times,” Tweets from Twitter, Financial news from “Economic Times” and Facebook comments | Nifty 50 | VADER, Logistic Regression, Loughran–McDonald, Henry, TextBlob, Linear SVC and Stanford | LSTM | Linear SVC: 98.32% |
| Proposed work | Twitter, VIX and Momentum | Nifty 50 | VADER | CNN-BDLSTM | Avg: 98.47% |
Source(s): Authors’ own work