---
title: The Power of Large Language Models: A ChatGPT-driven Textual Analysis of Fundamental Data
url: https://www.ml-quant.com/papers/ssrn/4535647/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4535647
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4535647
featured: 2023-08-09
citations: 4
topic: LLMs & Text
---


# The Power of Large Language Models: A ChatGPT-driven Textual Analysis of Fundamental Data

The study uses large language models to interpret business data from the Japan Company Handbook, Shikiho, to classify firms and build equity portfolios, suggesting the market may overlook some factual information in Shikiho's text.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4535647
- Identifier: SSRN 4535647
- Released: 2023-08-08
- First featured: Quant Letter No. 11 (2023-08-09): https://www.ml-quant.com/issues/2023-08-09/
- Citations (Semantic Scholar): 4
- Published in: not yet
- Topic: LLMs & Text

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