Year: 2024
Type: conference-paper
Abstract: Large language models (LLMs) have demonstrated remarkable success in the field of natural language processing (NLP). Despite their origins in NLP, these algorithms possess the theoretical capability to process any data type represented in an NLP-like format. In this study, we use stock data to illustrate three methodologies for processing regression data with LLMs, employing tokenization and contextualized embeddings. By leveraging the well-known LLM algorithm Bidirectional Encoder Representations from Transformers (BERT) [1], we apply quantitative stock price prediction methodologies to predict stock prices and stock price movements, showcasing the versatility and potential of LLMs in financial data analysis.
Institutions: HAW Hamburg, University of the West of Scotland
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W4407377384