Sentimental Markets: How Information Flow Drives Patterns in Asset Pricing
Dr Richard Peterson ,
Date:
11 Oct 2018
Time:
3pm – 4pm
Venue:
Seminar Room 4 (S17-05-12)
Open to all faculty staff, UG & PG students. Interested, please register via https://mysurvey.nus.edu.sg/EFM/se/543BE5C22F119310
About the Speaker
Richard Peterson is CEO of the MarketPsych group of companies where he leads MarketPsych’s data and asset management division. MarketPsych has been Thomson Reuters’s strategic partner for years and the solution products are fully integrated with each other.
Abstract
There is substantial and growing quantitative evidence that information flow drives asset prices across equities, currencies, commodities, and cryptocurrencies. Innovations in natural language processing, cloud computing, and the proliferation of online news and social media have yielded vast new datasets on which to study the role of information (themes and sentiments) in driving human risk taking behavior, and by proxy, asset prices. Dr. Richard Peterson will review academic literature as well as industry best practices in examining the role of media (news, social media, and search) in driving price patterns. Dr. Peterson will also review machine learning and statistical techniques that appear to capture significant relationships in media data. Dr. Peterson has an Electrical Engineering undergraduate degree, a medical doctorate, and completed residency training in psychiatry. He performed postdoctoral research in Neuroeconomics at Stanford and is a board-certified psychiatrist. As an Associate Editor of the Journal of Behavioral Finance and a data vendor (the Thomson Reuters MarketPsych Indices), Dr. Peterson presents a hybrid academic and industry understanding of asset pricing phenomena.
