ChatGPT excelled at predicting a stock's price direction based on news sentiment.
They found that while ChatGPT excelled at predicting a stock's direction based on news sentiment, it is not without limitations.
They prompted ChatGPT to assign the following scores to headlines: "1" for good news, "0" for unknown and "-1" for bad news.
Is this headline good or bad for the stock price of (company name) in the term (short or long-term)?"
This meant negative news had a greater and longer impact in the real world than in the simulation,, likely giving ChatGPT an advantage, Lopez-Lira noted.
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ChatGPT, Bard, Alejandro Lopez, Yuehua Tang, Merrill Lynch, Lopez, Lira, Tang, Russell, BERT, Philip Morris, Gene Tipps, David Capablanca, Alpesh Patel, Praefinium, Patel, Capablanca, GPT's, it's, Cory Mitchell, would've, Mitchell, you'll, they're
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