StockBabble: A Conversational Financial Agent to support Stock Market Investors

• URL: http://arxiv.org/abs/2106.08298v1
• Date: Tue, 15 Jun 2021 17:19:30 GMT
• Title: StockBabble: A Conversational Financial Agent to support Stock Market Investors
• Authors: Suraj Sharma and Joseph Brennan and Jason R. C. Nurse
• Abstract summary: We introduce StockBabble, a conversational agent designed to support understanding and engagement with the stock market. Users have the ability to query information on companies to retrieve a general and financial overview of a stock. To evaluate our agent's potential, we conducted a user study with 15 participants.
• Score: 4.640835690336653
• License: http://creativecommons.org/licenses/by/4.0/
• Abstract: We introduce StockBabble, a conversational agent designed to support understanding and engagement with the stock market. StockBabble's value and novelty is in its ability to empower retail investors -- many of which may be new to investing -- and supplement their informational needs using a user-friendly agent. Users have the ability to query information on companies to retrieve a general and financial overview of a stock, including accessing the latest news and trading recommendations. They can also request charts which contain live prices and technical investment indicators, and add shares to a personal portfolio to allow performance monitoring over time. To evaluate our agent's potential, we conducted a user study with 15 participants. In total, 73% (11/15) of respondents said that they felt more confident in investing after using StockBabble, and all 15 would consider recommending it to others. These results are encouraging and suggest a wider appeal for such agents. Moreover, we believe this research can help to inform the design and development of future intelligent, financial personal assistants.

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