After /r/wallstreetbets exploded in popularity, my team wanted to see whether predictions made by users were worth following.
We tested this by pulling over 60,000 Reddit posts and obtaining the values of stocks through the Alpaca Markets API.
We compared the difference in price of each predicted stock from the day the post was made to its price a year after,
and we compared the difference to how much the S&P 500 changed in that period. We show our method and findings in a
computational essay written on a Jupyter notebook in our GitHub repository.
Shown above is a graph we created to show how our expected stocks pulled from Reddit compared with the S&P 500 during various years.
