A decision support system for stock investment recommendations using collective wisdom

A decision support system for stock investment recommendations using collective wisdom

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Article ID: iaor20141898
Volume: 59
Start Page Number: 52
End Page Number: 62
Publication Date: Mar 2014
Journal: Decision Support Systems
Authors: ,
Keywords: optimization, decision
Abstract:

  • Stock ratings of online stock communities have shown to provide predictive value for investment decisions.
  • We develop a decision support system that enables day‐to‐day usage of these data for investors.
  • The system supports customized metrics and decision rules based and automatic portfolio management.
  • The portfolios of two test scenarios strongly outperform the market benchmark and comparable public funds, even after risk assessment..
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