2021
DOI: 10.3390/e23060734
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Detecting and Analyzing Politically-Themed Stocks Using Text Mining Techniques and Transfer Entropy—Focus on the Republic of Korea’s Case

Abstract: Politically-themed stocks mainly refer to stocks that benefit from the policies of politicians. This study gave the empirical analysis of the politically-themed stocks in the Republic of Korea and constructed politically-themed stock networks based on the Republic of Korea’s politically-themed stocks, derived mainly from politicians. To select politically-themed stocks, we calculated the daily politician sentiment index (PSI), which means politicians’ daily reputation using politicians’ search volume data and … Show more

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Cited by 9 publications
(4 citation statements)
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References 46 publications
(91 reference statements)
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“…Final modifications were made to some heterogeneous food names in clusters using the designated cluster number of food Many studies have applied LDA to topic modeling methods in various fields, such as keyword selection, source code analysis, opinion mining, event detection, music key profiling, image classification, a recommender system, sentiment classification, and even political issues (13).…”
Section: Data Preprocessingmentioning
confidence: 99%
“…Final modifications were made to some heterogeneous food names in clusters using the designated cluster number of food Many studies have applied LDA to topic modeling methods in various fields, such as keyword selection, source code analysis, opinion mining, event detection, music key profiling, image classification, a recommender system, sentiment classification, and even political issues (13).…”
Section: Data Preprocessingmentioning
confidence: 99%
“…Our deployment of NLP, mainly through the LDA algorithm, which is used in various areas [ 42 ], marks a significant stride in understanding the nuanced architecture of dietary habits beyond the conventional scope identified in related previous works on dietary patterns [ 43 , 44 , 45 , 46 , 47 ]. This advanced analysis permits a dive into the complex mosaic of food intake and preferences without the constraints of pre-established dietary categorizations.…”
Section: Discussionmentioning
confidence: 99%
“…Transfer entropy quantifies the causal relationship in the system based on measuring the resolved uncertainty according to the flow of information and the magnitude of the causal relationship from the source to the target variable. Transfer entropy has been used in the financial sector to confirm the causal relationship between financial assets and financial markets in various studies (Marschinski & Kantz, 2002 ; Kwon & Yang, 2008 ; Dimpfl & Peter, 2013 ; Sensoy et al, 2014 ; Bekiros et al, 2017 ; Lim et al, 2017 ; Jang et al, 2019 ; Yue et al, 2020a , b ; Choi & Kim, 2021 ). Based on the prior studies, this study chose transfer entropy to analyze exchange rates and exchange rates risk fluctuations.…”
Section: Methodsmentioning
confidence: 99%