Computer Engineering Commons^™

Financial News Analysis For Intelligent Portfolio Management, Young-Woo Seo, Joseph A. Giampapa, Katia Sycara

Joseph Andrew Giampapa

Abstract: "In this paper, we present Warren, a multi-agent system for intelligent portfolio management, which is motivated by the great benefits of working in teams within the domain of Distributed Artificial Intelligence (DAI) and TextMiner which takes advantage of information retrieval techniques to complement quantitative financial information. In the portfolio management domain, software agents that evaluate the risks associated with the individual companies in a portfolio should be able to read news articles that indicate the financial outlook of a company. There is a positive correlation between news reports on a company's financial outlook and its attractiveness as an investment. …