Increasing attention has been drawn to the sentiment analysis of financial documents. The most popular examples of such documents include analyst reports and economic news, the analysis of which is frequently used to capture the trends in market sentiments. On the other hand, the significance of the role sentiment analysis plays in the financial domain has given rise to the efforts to construct a financial domain-specific sentiment lexicon. Sentiment lexicons lend a hand for solving various text mining tasks, such as unsupervised classification of text data, while alleviating the arduous human labor required for manual labeling. One of the challenges in the construction of an effective sentiment lexicon is that the semantic orientation of a word may change depending on the context in which it appears. For instance, the word ``profit" usually conveys positive sentiments; however, when the word is juxtaposed with another word ``decrease," the sentiment associated with the phrase ``profit decreases" now becomes negative. Hence, the sentiment of a given word may shift as one begins to consider the context surrounding the word. In this paper, we address this issue by incorporating context when building sentiment lexicon from a given corpus. Specifically, we construct a lexicon named Senti-DD for the Sentiment lexicon composed of Direction-Dependent words, which expresses each term a pair of a directional word and a direction-dependent word. Experiment results show that higher classification performance is achieved with Senti-DD, proving the effectiveness of our method for automatically constructing a context-aware sentiment lexicon in the financial domain.
University of Illinois at Chicago（伊利诺伊大学芝加哥分校）；University of Science and Technology of China（中国科学技术大学）
Sentiment lexicons are instrumental for sentiment analysis. One can use a set of sentiment words provided in a sentiment lexicon and a lexicon-based classifier to perform sentiment classification. One major issue with this approach is that many sentiment words are domain dependent. That is, they may be positive in some domains but negative in some others. We refer to this problem as domain polarity-changes of words. Detecting such words and correcting their sentiment for an application domain is very important. In this paper, we propose a graph-based technique to tackle this problem. Experimen…
With the advent of word embeddings, lexicons are no longer fully utilized for sentiment analysis although they still provide important features in the traditional setting. This paper introduces a novel approach to sentiment analysis that integrates lexicon embeddings and an attention mechanism into Convolutional Neural Networks. Our approach performs separate convolutions for word and lexicon embeddings and provides a global view of the document using attention. Our models are experimented on both the SemEval'16 Task 4 dataset and the Stanford Sentiment Treebank, and show comparative or better…
University of Information Technology（信息技术大学）；Vietnam National University（越南国立大学）
The sentiment analysis task has various applications in practice. In the sentiment analysis task, words and phrases that represent positive and negative emotions are important. Finding out the words that represent the emotion from the text can improve the performance of the classification models for the sentiment analysis task. In this paper, we propose a methodology that combines the emotion lexicon with the classification model to enhance the accuracy of the models. Our experimental results show that the emotion lexicon combined with the classification model improves the performance of model…
Vyatka State University（维亚特卡国立大学）；ITMO University（圣彼得堡国立信息技术机械与光学大学）
The main approaches to sentiment analysis are rule-based methods and ma-chine learning, in particular, deep neural network models with the Trans-former architecture, including BERT. The performance of neural network models in the tasks of sentiment analysis is superior to the performance of rule-based methods. The reasons for this situation remain unclear due to the poor interpretability of deep neural network models. One of the main keys to understanding the fundamental differences between the two approaches is the analysis of how sentiment lexicon is taken into account in neural network mode…
Vyatka State University（维亚特卡国立大学）；ITMO University（ITMO大学）
The performance of sentiment analysis methods has greatly increased in recent years. This is due to the use of various models based on the Transformer architecture, in particular BERT. However, deep neural network models are difficult to train and poorly interpretable. An alternative approach is rule-based methods using sentiment lexicons. They are fast, require no training, and are well interpreted. But recently, due to the widespread use of deep learning, lexicon-based methods have receded into the background. The purpose of the article is to study the performance of the SO-CAL and SentiStre…
Lexicon based sentiment analysis usually relies on the identification of various words to which a numerical value corresponding to sentiment can be assigned. In principle, classifiers can be obtained from these algorithms by comparison with human annotation, which is considered the gold standard. In practise this is difficult in languages such as Portuguese where there is a paucity of human annotated texts. Thus in order to compare algorithms, a next best step is to directly compare different algorithms with each other without referring to human annotation. In this paper we develop methods for…
Sharif University of Technology（谢里夫理工大学）；University of Guilan（吉兰大学）
Sentiment analysis refers to the use of natural language processing to identify and extract subjective information from textual resources. One approach for sentiment extraction is using a sentiment lexicon. A sentiment lexicon is a set of words associated with the sentiment orientation that they express. In this paper, we describe the process of generating a general purpose sentiment lexicon for Persian. A new graph-based method is introduced for seed selection and expansion based on an ontology. Sentiment lexicon generation is then mapped to a document classification problem. We used the K-ne…
Deriving prior polarity lexica for sentiment analysis - where positive or negative scores are associated with words out of context - is a challenging task. Usually, a trade-off between precision and coverage is hard to find, and it depends on the methodology used to build the lexicon. Manually annotated lexica provide a high precision but lack in coverage, whereas automatic derivation from pre-existing knowledge guarantees high coverage at the cost of a lower precision. Since the automatic derivation of prior polarities is less time consuming than manual annotation, there has been a great bloo…
Sentiment Analysis in Finance: From Transformers Back to eXplainable Lexicons (XLex)
Department of Computer Science, Metropolitan College, Boston University, Boston, MA 02215, USA（波士顿大学计算机科学系）；Faculty of Computer Science（计算机科学系）；Methodius University, 1000 Skopje, North Macedonia（Methodius大学）
Beijing University of Posts and Telecommunications（北京邮电大学）
With the development of online travel services, it has great application prospects to timely mine users' evaluation emotions for travel services and use them as indicators to guide the improvement of online travel service quality. In this paper, we study the text sentiment classification of online travel reviews based on social media online comments and propose the SCCL model based on capsule network and sentiment lexicon. SCCL model aims at the lack of consideration of local features and emotional semantic features of the text in the language model that can efficiently extract text context fe…
This thesis explores the ways by how people express their opinions on German Twitter, examines current approaches to automatic mining of these feelings, and proposes novel methods, which outperform state-of-the-art techniques. For this purpose, I introduce a new corpus of German tweets that have been manually annotated with sentiments, their targets and holders, as well as polar terms and their contextual modifiers. Using these data, I explore four major areas of sentiment research: (i) generation of sentiment lexicons, (ii) fine-grained opinion mining, (iii) message-level polarity classificat…
Tianjin University（天津大学）；Civil Aviation University of China（中国民航大学）
Sentiment analysis is a key component in various text mining applications. Numerous sentiment classification techniques, including conventional and deep learning-based methods, have been proposed in the literature. In most existing methods, a high-quality training set is assumed to be given. Nevertheless, constructing a high-quality training set that consists of highly accurate labels is challenging in real applications. This difficulty stems from the fact that text samples usually contain complex sentiment representations, and their annotation is subjective. We address this challenge in this …
Sentiment analysis aims to uncover emotions conveyed through information. In its simplest form, it is performed on a polarity basis, where the goal is to classify information with positive or negative emotion. Recent research has explored more nuanced ways to capture emotions that go beyond polarity. For these methods to work, they require a critical resource: a lexicon that is appropriate for the task at hand, in terms of the range of emotions it captures diversity. In the past, sentiment analysis lexicons have been created by experts, such as linguists and behavioural scientists, with strict…
Although, the fair amount of works in sentiment analysis (SA) and opinion mining (OM) systems in the last decade and with respect to the performance of these systems, but it still not desired performance, especially for morphologically-Rich Language (MRL) such as Arabic, due to the complexities and challenges exist in the nature of the languages itself. One of these challenges is the detection of idioms or proverbs phrases within the writer text or comment. An idiom or proverb is a form of speech or an expression that is peculiar to itself. Grammatically, it cannot be understood from the indiv…
Institute of statistical studies and research (ISSR), Cairo University（开罗大学统计研究与研究所）；Cairo University（开罗大学）
The rise of social media such as blogs and social networks has fueled interest in sentiment analysis. With the proliferation of reviews, ratings, recommendations and other forms of online expression, online opinion has turned into a kind of virtual currency for businesses looking to market their products, identify new opportunities and manage their reputations, therefore many are now looking to the field of sentiment analysis. In this paper, we present a feature-based sentence level approach for Arabic sentiment analysis. Our approach is using Arabic idioms/saying phrases lexicon as a key impo…
Leveraging ChatGPT As Text Annotation Tool For Sentiment Analysis
College of Science and Engineering, Hamad Bin Khalifa University（哈马德·本·哈利法大学科学与工程学院）；Department of Electronic and Computer Engineering, HKUST（香港科技大学电子与计算机工程系）
University of Alberta（阿尔伯塔大学）；National Research Council Canada（加拿大国家研究委员会）
Automatically generated emotion arcs -- that capture how an individual or a population feels over time -- are widely used in industry and research. However, there is little work on evaluating the generated arcs. This is in part due to the difficulty of establishing the true (gold) emotion arc. Our work, for the first time, systematically and quantitatively evaluates automatically generated emotion arcs. We also compare two common ways of generating emotion arcs: Machine-Learning (ML) models and Lexicon-Only (LexO) methods. Using a number of diverse datasets, we systematically study the relatio…
UCL（伦敦大学学院）；London School of Economics and Political Sciences（伦敦政治经济学院）
This paper covers the two approaches for sentiment analysis: i) lexicon based method; ii) machine learning method. We describe several techniques to implement these approaches and discuss how they can be adopted for sentiment classification of Twitter messages. We present a comparative study of different lexicon combinations and show that enhancing sentiment lexicons with emoticons, abbreviations and social-media slang expressions increases the accuracy of lexicon-based classification for Twitter. We discuss the importance of feature generation and feature selection processes for machine learn…
YMCA University of Science & Technology（YMCA科学技术大学）
Rapid increase in the volume of sentiment rich social media on the web has resulted in an increased interest among researchers regarding Sentimental Analysis and opinion mining. However, with so much social media available on the web, sentiment analysis is now considered as a big data task. Hence the conventional sentiment analysis approaches fails to efficiently handle the vast amount of sentiment data available now a days. The main focus of the research was to find such a technique that can efficiently perform sentiment analysis on big data sets. A technique that can categorize the text as p…
Sentiment Analysis of Economic Text: A Lexicon-Based Approach
University of the Balearic Islands（巴利阿里群岛大学）；Brunel University（布鲁内尔大学）；University of Padua（帕多瓦大学）；European Commission, Joint Research Centre（欧盟委员会联合研究中心）；Baruch College（巴鲁克学院）
In this paper, we present Singlish sentiment lexicon, a concept-level knowledge base for sentiment analysis that associates multiword expressions to a set of emotion labels and a polarity value. Unlike many other sentiment analysis resources, this lexicon is not built by manually labeling pieces of knowledge coming from general NLP resources such as WordNet or DBPedia. Instead, it is automatically constructed by applying graph-mining and multi-dimensional scaling techniques on the affective common-sense knowledge collected from three different sources. This knowledge is represented redundantly…
In the sentiment analysis task, predicting the sentiment tendency of a sentence is an important branch. Previous research focused more on sentiment analysis in English, for example, analyzing the sentiment tendency of sentences based on Valence, Arousal, Dominance of sentences. the emotional tendency is different between the two languages. For example, the sentence order between Chinese and English may present different emotions. This paper tried a method that builds a domain-specific lexicon. In this way, the model can classify Chinese words with emotional tendency. In this approach, based on…
Konya Technical University（科尼亚技术大学）；University of Manouba（马努巴大学）；University of Colorado（科罗拉多大学）
Social media reflects the public attitudes towards specific events. Events are often related to persons, locations or organizations, the so-called Named Entities. This can define Named Entities as sentiment-bearing components. In this paper, we dive beyond Named Entities recognition to the exploitation of sentiment-annotated Named Entities in Arabic sentiment analysis. Therefore, we develop an algorithm to detect the sentiment of Named Entities based on the majority of attitudes towards them. This enabled tagging Named Entities with proper tags and, thus, including them in a sentiment analysis…
Sentiment analysis as a sub-field of natural language processing has received increased attention in the past decade enabling organisations to more effectively manage their reputation through online media monitoring. Many drivers impact reputation, however, this thesis focuses only the aspect of financial performance and explores the gap with regards to financial sentiment analysis in a South African context. Results showed that pre-trained sentiment analysers are least effective for this task and that traditional lexicon-based and machine learning approaches are best suited to predict financi…
One of the main difficulties in sentiment analysis of the Arabic language is the presence of the colloquialism. In this paper, we examine the effect of using objective words in conjunction with sentimental words on sentiment classification for the colloquial Arabic reviews, specifically Jordanian colloquial reviews. The reviews often include both sentimental and objective words, however, the most existing sentiment analysis models ignore the objective words as they are considered useless. In this work, we created two lexicons: the first includes the colloquial sentimental words and compound ph…
Subjective language detection is one of the most important challenges in Sentiment Analysis. Because of the weight and frequency in opinionated texts, adjectives are considered a key piece in the opinion extraction process. These subjective units are more and more frequently collected in polarity lexicons in which they appear annotated with their prior polarity. However, at the moment, any polarity lexicon takes into account prior polarity variations across domains. This paper proves that a majority of adjectives change their prior polarity value depending on the domain. We propose a distincti…
Vidyavardhaka College of Engg.（维迪亚瓦尔达卡工程学院）；Government Engineering College, Hassan（哈桑政府工程学院）
The task of sentiment analysis of reviews is carried out using manually built / automatically generated lexicon resources of their own with which terms are matched with lexicon to compute the term count for positive and negative polarity. On the other hand the Sentiwordnet, which is quite different from other lexicon resources that gives scores (weights) of the positive and negative polarity for each word. The polarity of a word namely positive, negative and neutral have the score ranging between 0 to 1 indicates the strength/weight of the word with that sentiment orientation. In this paper, w…
Insight Centre for Data Analytics（洞察数据分析中心）；National University of Ireland, Galway（爱尔兰国立大学戈尔韦分校）
We introduce FinLin, a novel corpus containing investor reports, company reports, news articles, and microblogs from StockTwits, targeting multiple entities stemming from the automobile industry and covering a 3-month period. FinLin was annotated with a sentiment score and a relevance score in the range [-1.0, 1.0] and [0.0, 1.0], respectively. The annotations also include the text spans selected for the sentiment, thus, providing additional insight into the annotators' reasoning. Overall, FinLin aims to complement the current knowledge by providing a novel and publicly available financial sen…
Aspect-Level Obfuscated Sentiment in Thai Financial Disclosures and Its Impact on Abnormal Returns
Department of Linguistics, Faculty of Arts, Chulalongkorn University（语言学系，艺术学院，朱拉隆梭大学）；Sasin Graduate Institute of Business Administration, Chulalongkorn University（工商管理研究生院，朱拉隆梭大学）
ANU & NICTA（澳大利亚国立大学与NICTA）；Monash University（莫纳什大学）
Aspect-based opinion mining is widely applied to review data to aggregate or summarize opinions of a product, and the current state-of-the-art is achieved with Latent Dirichlet Allocation (LDA)-based model. Although social media data like tweets are laden with opinions, their "dirty" nature (as natural language) has discouraged researchers from applying LDA-based opinion model for product review mining. Tweets are often informal, unstructured and lacking labeled data such as categories and ratings, making it challenging for product opinion mining. In this paper, we propose an LDA-based opinion…
University of the Basque Country (UPV/EHU)（巴斯克大学 (UPV/EHU)）
This paper presents a simple, robust and (almost) unsupervised dictionary-based method, qwn-ppv (Q-WordNet as Personalized PageRanking Vector) to automatically generate polarity lexicons. We show that qwn-ppv outperforms other automatically generated lexicons for the four extrinsic evaluations presented here. It also shows very competitive and robust results with respect to manually annotated ones. Results suggest that no single lexicon is best for every task and dataset and that the intrinsic evaluation of polarity lexicons is not a good performance indicator on a Sentiment Analysis task. The…
Sentiment analysis or opinion mining has become an open research domain after proliferation of Internet and Web 2.0 social media. People express their attitudes and opinions on social media including blogs, discussion forums, tweets, etc. and, sentiment analysis concerns about detecting and extracting sentiment or opinion from online text. Sentiment based text classification is different from topical text classification since it involves discrimination based on expressed opinion on a topic. Feature selection is significant for sentiment analysis as the opinionated text may have high dimensions…
This paper discusses the approach taken by the UWaterloo team to arrive at a solution for the Fine-Grained Sentiment Analysis problem posed by Task 5 of SemEval 2017. The paper describes the document vectorization and sentiment score prediction techniques used, as well as the design and implementation decisions taken while building the system for this task. The system uses text vectorization models, such as N-gram, TF-IDF and paragraph embeddings, coupled with regression model variants to predict the sentiment scores. Amongst the methods examined, unigrams and bigrams coupled with simple linea…
University College London（伦敦大学学院）；Johns Hopkins University（约翰斯·霍普金斯大学）；Microsoft Research（微软研究院）；University of Cambridge（剑桥大学）；University of Copenhagen（哥本哈根大学）
When assigning quantitative labels to a dataset, different methodologies may rely on different scales. In particular, when assigning polarities to words in a sentiment lexicon, annotators may use binary, categorical, or continuous labels. Naturally, it is of interest to unify these labels from disparate scales to both achieve maximal coverage over words and to create a single, more robust sentiment lexicon while retaining scale coherence. We introduce a generative model of sentiment lexica to combine disparate scales into a common latent representation. We realize this model with a novel multi…
FinXABSA: Explainable Finance through Aspect-Based Sentiment Analysis
Asian Institute of Digital Finance（亚洲数字金融学院）；National University of Singapore（新加坡国立大学）；School of Computer Science and Engineering（计算机科学与工程学院）；Nanyang Technological University（南洋理工大学）；Institute of High Performance Computing (IHPC)（高性能计算研究所）；Agency for Science, Technology and Research (A*STAR)（新加坡科技研究局）；College of Design & Engineering（设计与工程学院）
EFSA: Towards Event-Level Financial Sentiment Analysis
Chinese Academy of Sciences (CAS)（中国科学院）；Institute of Computing Technology, CAS（中国科学院计算技术研究所）；University of Chinese Academy of Sciences（中国科学院大学）；Henan Institute of Advanced Technology, Zhengzhou University（郑州大学河南先进技术研究院）；School of IoT Engineering, Jiangsu Vocational College of Information Technology（江苏信息职业技术学院物联网工程学院）；Shenzhen Stock Exchange（深圳证券交易所）
Words play a central role in how we express ourselves. Lexicons of word-emotion associations are widely used in research and real-world applications for sentiment analysis, tracking emotions associated with products and policies, studying health disorders, tracking emotional arcs of stories, and so on. However, inappropriate and incorrect use of these lexicons can lead to not just sub-optimal results, but also inferences that are directly harmful to people. This paper brings together ideas from Affective Computing and AI Ethics to present, some of the practical and ethical considerations invol…
In this paper, we investigate the impact of the social media data in predicting the Tehran Stock Exchange (TSE) variables for the first time. We consider the closing price and daily return of three different stocks for this investigation. We collected our social media data from Sahamyab.com/stocktwits for about three months. To extract information from online comments, we propose a hybrid sentiment analysis approach that combines lexicon-based and learning-based methods. Since lexicons that are available for the Persian language are not practical for sentiment analysis in the stock market doma…
Japan Advanced Institute of Science and Technology（日本北陆先端科学技术大学院大学）
This paper introduces a novel deep learning framework including a lexicon-based approach for sentence-level prediction of sentiment label distribution. We propose to first apply semantic rules and then use a Deep Convolutional Neural Network (DeepCNN) for character-level embeddings in order to increase information for word-level embedding. After that, a Bidirectional Long Short-Term Memory Network (Bi-LSTM) produces a sentence-wide feature representation from the word-level embedding. We evaluate our approach on three Twitter sentiment classification datasets. Experimental results show that ou…
There is a vast amount of data generated every second due to the rapidly growing technology in the current world. This area of research attempts to determine the feelings or opinions of people on social media posts. The dataset we used was a multi-source dataset from the comment section of various social networking sites like Twitter, Reddit, etc. Natural Language Processing Techniques were employed to perform sentiment analysis on the obtained dataset. In this paper, we provide a comparative analysis using techniques of lexicon-based, machine learning and deep learning approaches. The Machine…
The topic of aspect-based sentiment analysis (ABSA) has been explored for a variety of industries, but it still remains much unexplored in finance. The recent release of data for an open challenge (FiQA) from the companion proceedings of WWW '18 has provided valuable finance-specific annotations. FiQA contains high quality labels, but it still lacks data quantity to apply traditional ABSA deep learning architecture. In this paper, we employ high-level semantic representations and methods of inductive transfer learning for NLP. We experiment with extensions of recently developed domain adaptati…
Sentiment Analysis in Arabic is a challenging task due to the rich morphology of the language. Moreover, the task is further complicated when applied to Twitter data that is known to be highly informal and noisy. In this paper, we develop a hybrid method for sentiment analysis for Arabic tweets for a specific Arabic dialect which is the Saudi Dialect. Several features were engineered and evaluated using a feature backward selection method. Then a hybrid method that combines a corpus-based and lexicon-based method was developed for several classification models (two-way, three-way, four-way). T…
Sentiment in social media is increasingly considered as an important resource for customer segmentation, market understanding, and tackling other socio-economic issues. However, sentiment in social media is difficult to measure since user-generated content is usually short and informal. Although many traditional sentiment analysis methods have been proposed, identifying slang sentiment words remains untackled. One of the reasons is that slang sentiment words are not available in existing dictionaries or sentiment lexicons. To this end, we propose to build the first sentiment dictionary of slan…
In this paper, we describe how we created two state-of-the-art SVM classifiers, one to detect the sentiment of messages such as tweets and SMS (message-level task) and one to detect the sentiment of a term within a submissions stood first in both tasks on tweets, obtaining an F-score of 69.02 in the message-level task and 88.93 in the term-level task. We implemented a variety of surface-form, semantic, and sentiment features. with sentiment-word hashtags, and one from tweets with emoticons. In the message-level task, the lexicon-based features provided a gain of 5 F-score points over all other…
