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Text2TimeSeries: Enhancing Financial Forecasting through Time Series Prediction Updates with Event-Driven Insights from Large Language Models

Kurisinkel, Litton Jose, Mishra, Pruthwik, Zhang, Yue

arXiv.org Artificial Intelligence

Time series models, typically trained on numerical data, are designed to forecast future values. These models often rely on weighted averaging techniques over time intervals. However, real-world time series data is seldom isolated and is frequently influenced by non-numeric factors. For instance, stock price fluctuations are impacted by daily random events in the broader world, with each event exerting a unique influence on price signals. Previously, forecasts in financial markets have been approached in two main ways: either as time-series problems over price sequence or sentiment analysis tasks. The sentiment analysis tasks aim to determine whether news events will have a positive or negative impact on stock prices, often categorizing them into discrete labels. Recognizing the need for a more comprehensive approach to accurately model time series prediction, we propose a collaborative modeling framework that incorporates textual information about relevant events for predictions. Specifically, we leverage the intuition of large language models about future changes to update real number time series predictions. We evaluated the effectiveness of our approach on financial market data.


Introducing Relay IQ, A Machine Learning Engine Designed to Improve Customer Engagement

#artificialintelligence

RADNOR, PA, October 24, 2022 – Relay Network ("Relay"), the innovator of SaaS feed technology that drives unmatched customer, member and employee engagement, announced today the launch of Relay IQ, a machine learning engine that tunes and targets feed content to drive maximum engagement and value for customers and businesses. Relay IQ leverages the powerful intelligence methodology of social media feeds--which sorts content based on customer data and interaction data--and adapts it for B2C engagement. It is an integral component of the company's existing Relay FeedÔ that empowers businesses to continually deliver the type of timely, relevant content that keeps customers and social media users alike active and engaged. "Relay IQ enables leading B2C organizations such as banks and health payers to intelligently serve up relevant content for the customer on the familiar feed format, combatting the growing disengagement dilemma and creating opportunities to develop meaningful customer relationships," said Matt Gillin, CEO and Co-Founder of Relay. "What it ultimately powers are mutually beneficial outcomes for both the customer and the business."


10 Dataviz Tools To Enhance Data Science

@machinelearnbot

Tableau Software is perhaps the best known platform for data visualization across a wide array of users. Some Coursera courses dedicated to data visualization use Tableau as the underlying platform. The Seattle-based company describes its mission this way: "We help people see and understand their data." This company, founded in 2003, offers a family of interactive data visualization products focused on business intelligence. The software is offered in desktop, server, and cloud versions.