PREDICTIONS BASED ON ANALYSIS OF ONLINE ELECTRONIC MESSAGES

• US 20100257117A1
• Filed: 04/03/2009
• Published: 10/07/2010
• Est. Priority Date: 04/03/2009
• Status: Abandoned Application

• Current Assignee: Bulloons.com Limited
• Original Assignee: Bulloons.com Limited
• Inventors: Ismalon, Emil, Bachrach, Yoram, Braun, Omri, SHVADRON, Gadi
• Application Number:
  US12/417,940
• Publication Number:
  US 20100257117A1
• Time in Patent Office: Days
• US Class Current: 705/36.R
• CPC Class Codes: G06F 16/313 Selection or weighting of terms for indexing
• CPC Class Codes: G06Q 10/04 Forecasting or optimisation specially adapted for administrative or management purposes, e.g. linear programming or "cutting stock problem" market predictions or forecasting for commercial activities G06Q30/0202
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A method includes receiving first online messages regarding a financial instrument, and first objective quantitative data that reflect respective first values of a target variable associated with the financial instrument. The first messages are analyzed to generate respective first sentiment scores reflecting respective sentiments expressed in the first messages regarding the financial instrument. An initial prediction model is generated for the target variable by analyzing the first sentiment scores and the associated first values of the target variable. Second messages and objective quantitative data are received and analyzed to generate second sentiment scores and an incremental prediction model. A refined prediction model is generated by combining the initial model with the incremental model. Third messages are received and analyzed to generate third sentiment scores, which are used as input to the refined model to predict a future value of the target variable, which is reported to a user.

Claims

1. A computer-implemented method comprising:

scanning online message servers to identify a plurality of first messages posted during a first period of time, which first messages contain information regarding a financial instrument;

receiving first objective quantitative data reflecting respective first values of a target variable associated with the financial instrument, such first values measured after the respective first messages are posted;

analyzing the first messages to generate respective first sentiment scores reflecting respective sentiments expressed in the first messages regarding the financial instrument;

generating an initial mathematical prediction model for the target variable by analyzing the first sentiment scores and the associated first values of the target variable;

scanning the online message servers to identify one or more second messages posted during a second period of time after the first period of time, which second messages contain information regarding the financial instrument;

receiving second objective quantitative data reflecting respective second values of the target variable associated with the financial instrument, such second values measured after the second messages are posted;

analyzing the second messages to generate respective second sentiment scores reflecting respective sentiments expressed in the second messages regarding the financial instrument;

generating an incremental mathematical prediction model for the target variable by analyzing the second sentiment scores and the associated second values of the target variable;

generating a refined mathematical prediction model by combining the initial prediction model with the incremental prediction model;

scanning the online message servers to identify a plurality of third messages posted during a third period of time after the second period of time, which third messages contain information regarding the financial instrument;

analyzing the third messages to generate respective third sentiment scores reflecting respective sentiments expressed in the third messages regarding the financial instrument;

predicting a future value of the target variable using the refined prediction model with the third sentiment scores as input thereto; and

reporting, to a user, an indicator of the future value of the target variable in association with an identifier of the financial instrument.

2. The method according to claim 1, wherein generating the incremental and refined prediction models comprises generating a plurality of incremental and refined prediction models based on the initial prediction model.

3. The method according to claim 2, wherein generating the plurality of incremental and refined prediction models comprises generating a new one of the incremental models and a new one of the refined models upon the posting of each of the second messages.

4. The method according to claim 1, wherein combining the initial prediction model with the incremental prediction model comprises setting the refined prediction model equal to a weighted average of predictions generated by the initial prediction model and predictions generated by the incremental prediction model.

5. The method according to claim 1, wherein analyzing the first messages to generate the respective first sentiment scores comprises generating and storing respective structured summaries of the first messages, which summaries comprise the respective first sentiment scores and an identity of the financial instrument, and do not comprise complete textual contents of the respective first messages, and wherein analyzing the first sentiment scores comprises reading the first sentiment scores from the respective structured summaries.

6. The method according to claim 1, wherein the financial instrument comprises a financial instrument of a corporation, and wherein analyzing the first messages to generate the respective first sentiment scores comprises analyzing one of the first messages posted by a first author to generate a respective one of the first sentiment scores reflecting a respective one of the sentiments implicitly but not explicitly expressed by the first author in the first message regarding the financial instrument, by inferring the first author'"'"'s sentiment regarding the financial instrument responsively to:

(a) a first similarity between (i) a first previous sentiment expressed by the first author in a previous message and (ii) one or more second previous sentiments expressed by one or more respective second authors in one or more previous messages, and (b) a second similarity between (i) a first current sentiment expressed by the first author in the first message regarding an aspect of the corporation other than the financial instrument and (ii) one or more second current sentiments expressed by the one or more respective second authors in respective ones of the first messages regarding the aspect of the corporation.

7. The method according to claim 1, wherein generating the initial prediction model comprises:

identifying one or more topics discussed in respective first messages;

ascertaining respective levels of influence of the topics on the first values of the target variable; and

assigning respective weights in the initial prediction model to the respective sentiments expressed in the first messages based in part on the respective levels of influences of the topics discussed in the respective first messages.

8. A computer system for use with online message servers, the system comprising:

a web crawler, which is configured to scan the online message servers to identify;

(a) a plurality of first messages posted during a first period of time, which first messages contain information regarding a financial instrument, (b) one or more second messages posted during a second period of time after the first period of time, which second messages contain information regarding the financial instrument, and (c) a plurality of third messages posted during a third period of time after the second period of time, which third messages contain information regarding the financial instrument;

a market information collector, which is configured to receive;

(a) first objective quantitative data reflecting respective first values of a target variable associated with the financial instrument, such first values measured after the respective first messages are posted, and (b) second objective quantitative data reflecting respective second values of the target variable associated with the financial instrument, such second values measured after the second messages are posted;

a sentiment engine, which is configured to analyze;

(a) the first messages to generate respective first sentiment scores reflecting respective sentiments expressed in the first messages regarding the financial instrument, (b) the second messages to generate respective second sentiment scores reflecting respective sentiments expressed in the second messages regarding the financial instrument, and (c) the third messages to generate respective third sentiment scores reflecting respective sentiments expressed in the third messages regarding the financial instrument;

a model generation engine, which is configured to generate an initial mathematical prediction model for the target variable by analyzing the first sentiment scores and the associated first values of the target variable;

a model refiner, which is configured to generate an incremental mathematical prediction model for the target variable by analyzing the second sentiment scores and the associated second values of the target variable, and to generate a refined mathematical prediction model by combining the initial prediction model with the incremental prediction model;

a market prediction engine, which is configured to predict a future value of the target variable using the refined prediction model with the third sentiment scores as input thereto; and

a report generator, which is configured to generate a report including an indicator of the future value of the target variable in association with an identifier of the financial instrument.

9. The system according to claim 8, wherein the model refiner is configured to generate a plurality of incremental and refined prediction models based on the initial prediction model.

10. The system according to claim 9, wherein the model refiner is configured to generate a new one of the incremental models and a new one of the refined models upon the posting of each of the second messages.

11. The system according to claim 8, wherein the model refiner is configured to combine the initial prediction model with the incremental prediction model by setting the refined prediction model equal to a weighted average of predictions generated by the initial prediction model and predictions generated by the incremental prediction model.

12. The system according to claim 8, further comprising:

a profile database; and

a summary generation module, which is configured to generate and store in the profile database respective structured summaries of the first messages, which summaries comprise the respective first sentiment scores and an identity of the financial instrument, and do not comprise complete textual contents of the respective first messages,

wherein the model generation engine is configured to analyze the first sentiment scores by reading the first sentiment scores from the respective structured summaries stored in the profile database.

13. The system according to claim 8, wherein the financial instrument comprises a financial instrument of a corporation, and wherein the sentiment engine is configured to analyze one of the first messages posted by a first author to generate a respective one of the first sentiment scores reflecting a respective one of the sentiments implicitly but not explicitly expressed by the first author in the first message regarding the financial instrument, by inferring the first author'"'"'s sentiment regarding the financial instrument responsively to:

(a) a first similarity between (i) a first previous sentiment expressed by the first author in a previous message and (ii) one or more second previous sentiments expressed by one or more respective second authors in one or more previous messages, and (b) a second similarity between (i) a first current sentiment expressed by the first author in the first message regarding an aspect of the corporation other than the financial instrument and (ii) one or more second current sentiments expressed by the one or more respective second authors in respective ones of the first messages regarding the aspect of the corporation.

14. The system according to claim 8, further comprising a message clustering engine, which is configured to identify one or more topics discussed in respective first messages, and wherein the model generation engine is configured to generate the initial prediction model by ascertaining respective levels of influence of the topics on the first values of the target variable, and assigning respective weights in the initial prediction model to the respective sentiments expressed in the first messages based in part on the respective levels of influences of the topics discussed in the respective first messages.

15. Apparatus for use with online message servers, the apparatus comprising:

an interface; and

a processor, configured to scan, via the interface, the online message servers to identify a plurality of first messages posted during a first period of time, which first messages contain information regarding a financial instrument;

receive, via the interface, first objective quantitative data reflecting respective first values of a target variable associated with the financial instrument, such first values measured after the respective first messages are posted;

analyze the first messages to generate respective first sentiment scores reflecting respective sentiments expressed in the first messages regarding the financial instrument;

generate an initial mathematical prediction model for the target variable by analyzing the first sentiment scores and the associated first values of the target variable;

scan, via the interface, the online message servers to identify one or more second messages posted during a second period of time after the first period of time, which second messages contain information regarding the financial instrument;

receive second objective quantitative data reflecting respective second values of the target variable associated with the financial instrument, such second values measured after the second messages are posted;

analyze the second messages to generate respective second sentiment scores reflecting respective sentiments expressed in the second messages regarding the financial instrument;

generate an incremental mathematical prediction model for the target variable by analyzing the second sentiment scores and the associated second values of the target variable;

generate a refined mathematical prediction model by combining the initial prediction model with the incremental prediction model;

scan, via the interface, the online message servers to identify a plurality of third messages posted during a third period of time after the second period of time, which third messages contain information regarding the financial instrument;

analyze the third messages to generate respective third sentiment scores reflecting respective sentiments expressed in the third messages regarding the financial instrument;

predict a future value of the target variable using the refined prediction model with the third sentiment scores as input thereto; and

report, to a user via the interface, an indicator of the future value of the target variable in association with an identifier of the financial instrument.

16. A computer software product comprising a tangible computer-readable medium in which program instructions are stored, which instructions, when read by a computer, cause the computer to scan online message servers to identify a plurality of first messages posted during a first period of time, which first messages contain information regarding a financial instrument;

receive first objective quantitative data reflecting respective first values of a target variable associated with the financial instrument, such first values measured after the respective first messages are posted;

analyze the first messages to generate respective first sentiment scores reflecting respective sentiments expressed in the first messages regarding the financial instrument;

generate an initial mathematical prediction model for the target variable by analyzing the first sentiment scores and the associated first values of the target variable;

scan the online message servers to identify one or more second messages posted during a second period of time after the first period of time, which second messages contain information regarding the financial instrument;

receive second objective quantitative data reflecting respective second values of the target variable associated with the financial instrument, such second values measured after the second messages are posted;

analyze the second messages to generate respective second sentiment scores reflecting respective sentiments expressed in the second messages regarding the financial instrument;

generate an incremental mathematical prediction model for the target variable by analyzing the second sentiment scores and the associated second values of the target variable;

generate a refined mathematical prediction model by combining the initial prediction model with the incremental prediction model;

scan the online message servers to identify a plurality of third messages posted during a third period of time after the second period of time, which third messages contain information regarding the financial instrument;

analyze the third messages to generate respective third sentiment scores reflecting respective sentiments expressed in the third messages regarding the financial instrument;

predict a future value of the target variable using the refined prediction model with the third sentiment scores as input thereto; and

report, to a user, an indicator of the future value of the target variable in association with an identifier of the financial instrument.

17. The product according to claim 16, wherein the instructions cause the computer to generate a plurality of incremental and refined prediction models based on the initial prediction model.

18. The product according to claim 16, wherein the instructions cause the computer to combine the initial prediction model with the incremental prediction model by setting the refined prediction model equal to a weighted average of predictions generated by the initial prediction model and predictions generated by the incremental prediction model.

19. The product according to claim 16, further comprising a memory, wherein the instructions cause the computer to:

generate and store in the memory respective structured summaries of the first messages, which summaries comprise the respective first sentiment scores and an identity of the financial instrument, and do not comprise complete textual contents of the respective first messages, and

analyze the first sentiment scores by reading the first sentiment scores from the respective structured summaries stored in the memory.

20. The product according to claim 16, wherein the financial instrument comprises a financial instrument of a corporation, and wherein the instructions cause the computer to analyze one of the first messages posted by a first author to generate a respective one of the first sentiment scores reflecting a respective one of the sentiments implicitly but not explicitly expressed by the first author in the first message regarding the financial instrument, by inferring the first author'"'"'s sentiment regarding the financial instrument responsively to:

(a) a first similarity between (i) a first previous sentiment expressed by the first author in a previous message and (ii) one or more second previous sentiments expressed by one or more respective second authors in one or more previous messages, and (b) a second similarity between (i) a first current sentiment expressed by the first author in the first message regarding an aspect of the corporation other than the financial instrument and (ii) one or more second current sentiments expressed by the one or more respective second authors in respective ones of the first messages regarding the aspect of the corporation.

21. The product according to claim 16, wherein the instructions cause the computer to generate the initial prediction model by identifying one or more topics discussed in respective first messages, ascertaining respective levels of influence of the topics on the first values of the target variable, and assigning respective weights in the initial prediction model to the respective sentiments expressed in the first messages based in part on the respective levels of influences of the topics discussed in the respective first messages.