can it be used to predict market trends? instead of topics use stock tickers?
There is already some work done on this front [0]. Ruiz et al basically concluded the stock price of a company is directly proportional to the number of discussion topics of that company viz. if there for a company X there are fewer topics under discussion the stock prices would be poor. [0] http://www.cs.ucr.edu/~vagelis/publications/wsdm2012-microbl...
A new algorithm predicts which Twitter topics will trend hours in advance
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Re: A new algorithm predicts which Twitter topics will trend hours in advance
#12It seems like a great and tested method for developing your own trending topics algorithm, which could be useful in other contexts. I wonder if this could be applied to corporate email servers to let management spot issues before they're brought up.
Re: A new algorithm predicts which Twitter topics will trend hours in advance
#131) Create a list of 500 - 1000 active, relatively popular Twitter users: this would eliminate most celebrities who only tweet casually or delegate it to their PR people...presumably, by the time they tweet something, it's already huge.
2) Segregate the sample group of Twitter users into cliques
3) When any topic spreads between multiple cliques at an accelerated rate, that topic will likely trend
In addition, have a list of mega-popular celebrities and assume that most of what they tweet has a high probability of being a trending topic.
Twitter has some kind of formula for removing constantly-popular topics (or else Justin Bieber would forever be on the list)...if there's an easy way to include that, then it seems like predicting trending would be straightforward?
Re: A new algorithm predicts which Twitter topics will trend hours in advance
#14Re: A new algorithm predicts which Twitter topics will trend hours in advance
#15Re: A new algorithm predicts which Twitter topics will trend hours in advance
#16Does the algorithm still work when it includes it's own effects? If an algorithm like this was widely used, the predicted topics will trend just because they have been picked -- the algorithm will fulfill the prophecy itself.
Re: A new algorithm predicts which Twitter topics will trend hours in advance
#17Re: A new algorithm predicts which Twitter topics will trend hours in advance
#18The only concern I have is the way the experiment is conducted. The correct way to collect data would be to consume the Streaming API to collect the random sample of tweets provided by Twitter [0]. They should then run their algorithm to compare how they are doing against Twitter's algorithm. Currently, they are filtering out certain topics of interest and just comparing these topics. Therefore, they are filtering a…
Re: A new algorithm predicts which Twitter topics will trend hours in advance
#19Just watch out for the upcoming trend #Earthquake
Re: A new algorithm predicts which Twitter topics will trend hours in advance
#20I'm bookmarking this to read later, but how much more sophisticated does the algorithm have to be than: 1) Create a list of 500 - 1000 active, relatively popular Twitter users: this would eliminate most celebrities who only tweet casually or delegate it to their PR people...presumably, by the time they tweet something, it's already huge. 2) Segregate the sample group of Twitter users into cliques 3) When any topic sp…