Using emotions in BTC price predictions
For the past year, we have been testing a prediction model for the average price of BTC over a 24-hour time interval. We publish the prediction results daily on facebook on our member group (www.facebook.com/groups/sentistocks). BTC price predictions using Sentistocks tool We use a tool called “Sentistocks” to predict the average price of BTC. It […]
SentiStocks Bitcoin widget – UPDATE
On 28th of August 2020, we announced our cooperation with Coinpaprika.com, where you can find Sentistocks widget for daily Bitcoin trend predictions. As we constantly improve our tool, today we would like to give you a small update about what has changed so far. Significant increase in number of analyzed mentions When we first announced […]
85% of effectiveness in forecasting Bitcoin’s price trends? It’s possible.
Since October 2020 we have been testing prediction models of average BTC price in the time intervals of 8 hours, 4 hours and 1 hour. Today we present the results of prediction effectiveness for the 1 hour model. The tests were conducted in November and December 2020. The measurements of predictions effectiveness were made at […]
Emotive analysis as a new tool for more effective prediction of the financial instruments price trends
Emotive analysis is a new tool for effective prediction of the financial instruments prices. In this article we present you a case study of how including data from emotive analysis affects the process of forecasting price trends of financial instruments. Emotive analysis. Emotions in everyday life Emotions have one of the most important functions in […]
How do our predictions for the cryptocurrencies are made?
How do our predictions for the cryptocurrencies are made? Below we present a schematic description of the model used in the process of forecasting cryptocurrencies trend, from the stage of data collection, through analysis, to the final results. Cryptocurrency predictions. Data aggregation Behavioral data (textual mentions) Text data (mentions) are continuously collected from the most […]
8 basic emotions. Why so many?
8 basic emotions. Why so many? In this read we want you to meet the idea behind the unique solution that we came up with. It works wider than popular sentiment analysis tools used today for monitoring internet activities and more. Why? Instead of measuring sentiment, we focus on emotions. What does the emotion analysis […]