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Forecasting stock returns using ChatGPT

Danesh Kissoon, Senior Analyst (London)

Neudata Literature Review
Post feature

The full scope of ChatGPT’s application within the financial industry has yet to be realised. In this literature review, we review a 2023 paper assessing ChatGPT against other GPT models and other sentiment providers. This paper focuses on ChatGPT’s ability to predict stock returns using sentiment analysis.

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