Interview – KLTV East Texas Now

Dr. Schumaker was interviewed live by Jeremy Butler on “Analytics and Superbowl LIII” for East Texas Now.

Keynote for National Institute of Applied Science and Technology through ACM Distinguished Speakers Program

Dr. Schumaker was invited to present to the ACM Student Chapter of National Institute of Applied Science and Technology in Tunis, Tunisia on April 7, 2019 on “Becoming a Data Scientist.”

JITIM Paper – Machine Learning the Harness Track: A Temporal Investigation of Race History on Prediction

New publication available here.

Machine learning techniques have shown their usefulness in accurately predicting greyhound races. Many of the studies within this domain focus on two things; win-only wagers and using a very particular combination of race history. Our study investigates altering these properties and studying the results. In particular we found a race history combination that optimizes our S&C Racing system’s predictions on seven different wager types. From this, S&C Racing posted an impressive 50.44% accuracy in selecting winning wagers with a payout of $609.34 and a betting return of $10.06 per dollar wagered.

CIIMA paper – A Descriptive Analysis of Abnormal Stock Price Movement Following Financial News Article Release

A new publication is available.

What effect does a financial news article have on stock price? To answer this question we investigate stock price movements within the minutes following financial news releases, broken down by media outlet, time of release and article sentiment. Our data shown a Sharpe ratio (a measure for calculating risk-adjusted return) of 1.81 versus a random dataset of ‑0.06, indicating significant price movement immediately following article release. Second, we found that articles released through WSJ, Reuters – UK Focus, NYT and FT all experienced significant positive returns, whereas articles in Barrons, MarketWatch, Forbes and Bloomberg experienced significant negative returns. Third, we found that articles released at certain times had abnormally high price movements associated with them, more so than random chance. Lastly we discovered a minority of positive news articles trending upwards and suddenly reversing direction following a financial news article release. In one particular case there was a period of several days where the release of IBM articles triggered large price declines with steady prices otherwise. We believe these findings could be used by companies as a form of stock price management.

Keynote for icABCD 2018

Dr. Schumaker was keynote at the IEEE International Conference on Advances in Big Data, Computing and Data Communication Systems (icABCD) on August 7, 2018 on “Lessons from the Future: Predictions in Finance, Sports and Medicine.”

Keynote for the Institute of Engineering and Management (IEM) – Kolkata

Dr. Schumaker was keynote at the Institute of Engineering and Management (IEM) – Kolkata on July 28, 2018 on “Becoming a Data Scientist.” This lecture is part of the ACM’s Distinguished Speakers Program.

Keynote Speaker for the University of Engineering and Management (UEM) – Jaipur

Dr. Schumaker was keynote at the University of Engineering and Management (UEM) – Jaipur on July 26, 2018 on “Machine Learning the Harness Track: Crowdsourcing and Varying Race History.” This lecture is part of the ACM’s Distinguished Speakers Program.

Keynote Speaker for US Army Corp of Engineers through the ACM Distinguished Speakers Program

Dr. Schumaker spoke about his NFL Sentiment Analysis research to the US Army Corp of Engineers in Vicksburg, MS on June 20, 2018. This lecture is part of the ACM’s Distinguished Speakers Program.

Keynote Speaker for ABES Engineering College through ACM Distinguished Speakers Program

Dr. Schumaker provided a keynote to ABES Engineering College in Ghaziabad, India on March 13, 2018 on “Evaluating Sentiment in Financial News Articles.” This lecture is part of the ACM’s Distinguished Speakers Program.

Crystal Quill Award

On February 21, 2018, Dr. Schumaker was presented with the Crystal Quill Award to recognize outstanding contributions to the Soules College of Business.