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Measuring sentiment news with transformer-based language models

FinBERT-based sentiment measures agree more closely with human raters than dictionary methods and better distinguish positive, neutral, and negative financial news articles.

Featured in No. 135 on 16 Oct 2026 · 7 days after release

Confusion matrices comparing transformer-based and dictionary sentiment measures against human labels
Figure 5: Confusion matrices by sentiment measure. Rows correspond to human sentiment la- bels and columns to predicted labels. Transformer-based measures show substantial agreement with human evaluations across all sentiment categories, whereas vocabulary-based measures classify most articles as n…
Released
9 Oct 2026
First featured
No. 135 · 16 Oct 2026
Published in
Not yet, as far as Semantic Scholar knows
Fanfare
3 of 5
Identifier
RePEc:ecb:ecbwps:20263283
Authors
Stefano Borgioli et al.

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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