Computer Science ›› 2013, Vol. 40 ›› Issue (11): 295-298.

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Study on Financial Crisis Prediction Model with Web Financial Information for Listed Companies

BIAN Hai-rong,WAN Chang-xuan,LIU De-xi and JIANG Teng-jiao   

  • Online:2018-11-16 Published:2018-11-16

Abstract: Previous studies on corporate financial crisis prediction are mainly based on financial measures.With further research,limitations of financial indicators have become increasingly prominent.Characteristics of financial indicators have affected the performance of the financial crisis prediction model,such as hysteresis quality and easy to be manipulated.In view of this,this paper transformed the text of Web financial information into numerical by calculating sentiment tendencies value,then took the sentiment tendencies value as indicator variables of financial crisis prediction model.Two prediction models of pure financial indicators and mixed indicators with the sentiment tendencies value of Web financial information were constructed.The prediction results of prediction models were examined.The model of pure financial indicators is better than the model of mixed indicators in the validity,stability and advancing of prediction.

Key words: Sentiment analysis,Rediction model,Web financial information,Financial crisis

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