---
title: When Does Bad News Cause Mispricing? A Historical View
url: https://www.ml-quant.com/papers/ssrn/4544851/
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 4544851
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4544851
featured: 2023-08-24
citations: 0
topic: LLMs & Text
---


# When Does Bad News Cause Mispricing? A Historical View

The research suggests that news media sentiment can predict returns during periods of high volatility, low returns, high economic policy uncertainty, and heavily skewed returns.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4544851
- Identifier: SSRN 4544851
- Released: 2023-08-18
- First featured: Quant Letter No. 13 (2023-08-24): https://www.ml-quant.com/issues/2023-08-24/
- Citations (Semantic Scholar): 0
- Published in: not yet
- Topic: LLMs & Text

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