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Supervised cross-momentum contrast: Aligning representations with prototypical examples to enhance financial sentiment analysis

Peng, B., Chersoni, E., Hsu, Y. Y., Qiu, L., & Huang, C.-R. (2024). Supervised cross-momentum contrast: Aligning representations with prototypical examples to enhance financial sentiment analysis. Knowledge-Based Systems, 295, Article 111683. https://doi.org/10.1016/j.knosys.2024.111683

 

Abstract

Financial sentiment analysis plays a pivotal role in understanding market dynamics and investor sentiment. In this paper, we propose the Supervised Cross-Momentum Contrast (SuCroMoCo) framework, a novel approach for financial sentiment analysis. SuCroMoCo leverages supervised contrastive learning and cross-momentum contrast to align financial text representations with prototypical representations based on sentiment categories. This alignment greatly improves classification performance, addressing the limitations of pre-trained language models (PLMs) in fully grasping the intricate nature of financial text. Through extensive experiments, we demonstrate that SuCroMoCo outperforms existing PLMs-based approaches and Large Language Models (LLMs) on diverse benchmark datasets.

 

FH_23Link to publication in ScienceDirect

FH_23Link to publication in Scopus

 

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