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Joint Topic-Emotion Modeling in Financial Texts: A Novel Approach to Investor Sentiment and Market Trends

Abstract

This paper presents a novel approach to financial text analysis by jointly modeling topics and emotions within financial news and social media discussions, thereby advancing market trend understanding and investor sentiment analysis. Leveraging the Neural Variational Document Model (NVDM) for topic modeling, we effectively capture the thematic structure across global financial texts, achieving a coherence score of 0.68 and a perplexity of −8.5. For emotion classification, a fine-tuned FinBERT model yields an accuracy of 96.3%, F1 Score of 97.8%, precision of 98.3%, and recall of 97.5%. Our integrated framework not only uncovers the latent topics driving market discourse but also associates these topics with nuanced emotional states, providing a comprehensive perspective on financial sentiment. This joint modeling approach enhances the interpretability and reliability of financial market predictions, offering a scalable solution for understanding investor emotions with significant potential for applications in market analysis, trading strategies, and economic forecasting.
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Category

Academic article

Language

English

Author(s)

  • Md Nazmul Hossain Mir
  • Md Shahriar Mahmud Bhuiyan
  • Md Al Rafi
  • Gourab Nicholas Rodrigues
  • M.F. Mridha
  • Md. Abdul Hamid
  • Muhammad Mostafa Monowar
  • Md Zia Uddin

Affiliation

  • SINTEF Digital / Sustainable Communication Technologies
  • American International University - Bangladesh
  • King Abdul Aziz University
  • USA

Date

04.02.2025

Year

2025

Published in

IEEE Access

Volume

13

Page(s)

28664 - 28677

View this publication at Norwegian Research Information Repository