IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9781800615212_0009.html
   My bibliography  Save this book chapter

Effective Systems for Bot Detection and Real-Time Stock Market Predictions

In: Artificial Intelligence and Beyond for Finance

Author

Listed:
  • Reem Abdulla Alkhalifa
  • Riadh Ksantini
  • Khaoula Tbarki

Abstract

Social media has reshaped the way in which individuals communicate with disruptive negative and positive externalities, alongside being breeding grounds for bot activities. Social media, limited to Twitter in this research, is rarely monitored and has accelerated the dissemination of disinformation, most of which is attributed to bot activities. To date, bot detection techniques are challenged by their inability to keep abreast with bot progression, while its importance is increasingly being bought to the forefront of political discussions. Therefore, the research will introduce a local-global SVM (LG-SVM) model to increase flexibility in detection methods to keep abreast with the ever-evolving world of Twitter. The end-to-end framework has increased accuracy in detection by treating the data as unsupervised and introducing an autoencoder to reduce dimensionality, which has solved for over-fitting. The multi-level framework starts with a convolutional layer that reduces dimensionality and learns key short-term characteristics, followed by a max pooling layer, two bi-LSTM models, a bottleneck layer, an upscaling layer, and a deconvolution layer. Dimension reduction oversaw the reduction of the dataset into 3 lengths: 70, 100, and 130, resulting in a 99% accuracy rate. Additionally, a multilayer perceptron model is built to predict the impact Bot Tweets have on stock market volatility with a 96.53% coefficient correlation.

Suggested Citation

  • Reem Abdulla Alkhalifa & Riadh Ksantini & Khaoula Tbarki, 2024. "Effective Systems for Bot Detection and Real-Time Stock Market Predictions," World Scientific Book Chapters, in: Marco Corazza & RenĂ© Garcia & Faisal Shah Khan & Davide La Torre & Hatem Masri (ed.), Artificial Intelligence and Beyond for Finance, chapter 9, pages 315-336, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9781800615212_0009
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9781800615212_0009
    Download Restriction: Ebook Access is available upon purchase.

    File URL: https://www.worldscientific.com/doi/abs/10.1142/9781800615212_0009
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Artificial Intelligence; Machine Learning; Deep Learning; Reinforcement Learning; Sentiment Analysis; Portfolio Management; Financial Forecasting;
    All these keywords.

    JEL classification:

    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9781800615212_0009. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.