Sentiment and volatility analysis of the stock prices of Intel and AMD

Absztrakt (kivonat)

The aim of this paper is to find the answer to whether the sentiment towards Intel and AMD has any effect on their respective stock prices. The sentiment values were obtained by sentiment analysing the comments on Intel’s and AMD’s subreddits, which were then were placed in a VECM model along with the volatility of Intel’s and AMD’s stocks. The volatility was gained from the T-GARCH models after the ARIMA models seemed insufficient to handle the volatility clustering. The final results show us that there is no connection between the sentiment towards Intel and AMD and their stock prices.