The Effects of Twitter Sentiment on Stock Price Returns

Social media are increasingly reflecting and influencing behavior of other complex systems. In this paper we investigate the relations between a well-know micro-blogging platform Twitter and financial markets. In particular, we consider, in a period of 15 months, the Twitter volume and sentiment about the 30 stock companies that form the Dow Jones Industrial Average (DJIA) index. We find a relatively low Pearson correlation and Granger causality between the corresponding time series over the entire time period. However, we find a significant dependence between the Twitter sentiment and abnormal returns during the peaks of Twitter volume. This is valid not only for the expected Twitter volume peaks (e.g., quarterly announcements), but also for peaks corresponding to less obvious events. We formalize the procedure by adapting the well-known "event study" from economics and finance to the analysis of Twitter data. The procedure allows to automatically identify events as Twitter volume peaks, to compute the prevailing sentiment (positive or negative) expressed in tweets at these peaks, and finally to apply the "event study" methodology to relate them to stock returns. We show that sentiment polarity of Twitter peaks implies the direction of cumulative abnormal returns. The amount of cumulative abnormal returns is relatively low (about 1-2%), but the dependence is statistically significant for several days after the events

Real-Time Classification of Twitter Trends

Social media users give rise to social trends as they share about common interests, which can be triggered by different reasons. In this work, we explore the types of triggers that spark trends on Twitter, introducing a typology with following four types: 'news', 'ongoing events', 'memes', and 'commemoratives'. While previous research has analyzed trending topics in a long term, we look at the earliest tweets that produce a trend, with the aim of categorizing trends early on. This would allow to provide a filtered subset of trends to end users. We analyze and experiment with a set of straightforward language-independent features based on the social spread of trends to categorize them into the introduced typology. Our method provides an efficient way to accurately categorize trending topics without need of external data, enabling news organizations to discover breaking news in real-time, or to quickly identify viral memes that might enrich marketing decisions, among others. The analysis of social features also reveals patterns associated with each type of trend, such as tweets about ongoing events being shorter as many were likely sent from mobile devices, or memes having more retweets originating from a few trend-setters.Comment: Pre-print of article accepted for publication in Journal of the American Society for Information Science and Technology copyright @ 2013 (American Society for Information Science and Technology

Security and Privacy Issues of Big Data

This chapter revises the most important aspects in how computing infrastructures should be configured and intelligently managed to fulfill the most notably security aspects required by Big Data applications. One of them is privacy. It is a pertinent aspect to be addressed because users share more and more personal data and content through their devices and computers to social networks and public clouds. So, a secure framework to social networks is a very hot topic research. This last topic is addressed in one of the two sections of the current chapter with case studies. In addition, the traditional mechanisms to support security such as firewalls and demilitarized zones are not suitable to be applied in computing systems to support Big Data. SDN is an emergent management solution that could become a convenient mechanism to implement security in Big Data systems, as we show through a second case study at the end of the chapter. This also discusses current relevant work and identifies open issues.Comment: In book Handbook of Research on Trends and Future Directions in Big Data and Web Intelligence, IGI Global, 201

Computational Aesthetics for Fashion

The online fashion industry is growing fast and with it, the need for advanced systems able to automatically solve different tasks in an accurate way. With the rapid advance of digital technologies, Deep Learning has played an important role in Computational Aesthetics, an interdisciplinary area that tries to bridge fine art, design, and computer science. Specifically, Computational Aesthetics aims to automatize human aesthetic judgments with computational methods. In this thesis, we focus on three applications of computer vision in fashion, and we discuss how Computational Aesthetics helps solve them accurately

Generic Architecture for Predictive Computational Modelling with Application to Financial Data Analysis: Integration of Semantic Approach and Machine Learning

The PhD thesis introduces a Generic Architecture for Predictive Computational Modelling capable of automating analytical conclusions regarding quantitative data structured as a data frame. The model involves heterogeneous data mining based on a semantic approach, graph-based methods (ontology, knowledge graphs, graph databases) and advanced machine learning methods. The main focus of my research is data pre-processing aimed at a more efficient selection of input features to the computational model. Since the model I propose is generic, it can be applied for data mining of all quantitative datasets (containing two-dimensional, size-mutable, heterogeneous tabular data); however, it is best suitable for highly interconnected data. To adapt this generic model to a specific use case, an Ontology as the formal conceptual representation for the relevant domain knowledge is needed. I have determined to use financial/market data for my use cases. In the course of practical experiments, the effectiveness of the PCM model application for the UK companies’ financial risk analysis and the FTSE100 market index forecasting was evaluated. The tests confirmed that the PCM model has more accurate outcomes than stand-alone traditional machine learning methods. By critically evaluating this architecture, I proved its validity and suggested directions for future research

Differentiating signals to make biological sense – a guide through databases for MS-based non-targeted metabolomics

Metabolite identification is one of the most challenging steps in metabolomics studies and reflects one of the greatest bottlenecks in the entire workflow. The success of this step determines the success of the entire research, therefore the quality at which annotations are given requires special attention. A variety of tools and resources are available to aid metabolite identification or annotation, offering different and often complementary functionalities. In preparation for this article, almost 50 databases were reviewed, from which 17 were selected for discussion, chosen for their on-line ESI-MS functionality. The general characteristics and functions of each database is discussed in turn, considering the advantages and limitations of each along with recommendations for optimal use of each tool, as derived from experiences encountered at the Centre for Metabolomics and Bioanalysis (CEMBIO) in Madrid. These databases were evaluated considering their utility in non-targeted metabolomics, including aspects such as ID assignment, structural assignment and interpretation of results