arXiv · 2106.08298
StockBabble: A Conversational Financial Agent to support Stock Market Investors
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.
Explore related subjects
Keep this discovery
Suraj Sharma, Joseph Brennan, Jason R. C. Nurse. 2021-06-15. StockBabble: A Conversational Financial Agent to support Stock Market Investors. https://doi.org/10.1145/3469595.3469620
Cite the original work for its findings. Save a collection to share your selection of sources.