
Stock Market Price Prediction Using Machine Learning Models
- 1 Beijing University of Posts and Telecommunications
* Author to whom correspondence should be addressed.
Abstract
Stock forecasting has historically been a popular and lucrative field of study. It has been demonstrated that machine learning applications improve accuracy and return in the area of finance forecasting and prediction. This study chose data from the Yahoo Finance database that represented Apple's (AAPL) close price for research. This study categorized articles using a series of machine learning models, encompassing Linear Regression, Random Forest and so on. This paper also examines each article's dataset, variable, model, and findings. The survey in use showcases the findings using the most popular performance metrics. Recent models that combine LSTM with other techniques, For instance, RF has received a lot of study. Deep learning techniques like reinforcement learning and others produced excellent results. In conclusion, the use of deep learning-based techniques for financial modeling has become growing in popularity over the past few years.
Keywords
Apple stock market prediction, machine learning, regression
[1]. Dhankar, R. S.: Capital Markets and Investment Decision Making, 1st ed. Springer India, ch. Stock Market Operations and Long-Run Reversal Effect, (2019).
[2]. Grigoryan, H.: A stock market prediction method based on support vector machines (svm) and independent component analysis (ica), Database Systems Journal, vol. 7, no. 1, pp. 12–21, (2016).
[3]. Hodges, D.: Is your fund manager beating the index? MoneySense, 15(7):10, (2014).
[4]. Krunz M. M.: Makowski AMModeling video traffic using M/G//splinfin/ input processes: a compromise between Markovian and LRD models. IEEE J Sel Areas Commun 16(5):733–748. (2002).
[5]. Farina L., Rinaldi, S.: Positive linear systems. Theory and applications. J Vet Med Sci 63(9):945–8. (2000).
[6]. Contreras J., Espinola R., Nogales F. J. et al: ARIMA models to predict next-day electricity prices. IEEE Power Eng Rev 22(9):57–57. (2002).
[7]. Umer M., Awais M., Muzammul M.: Stock market prediction using machine learning (ML) algorithms. ADCAIJ: Advances in Distributed Computing and Artificial Intelligence Journal, 8(4): 97-116, (2019).
[8]. SAS Institute Inc. SAS 9.3 Help and Documentation. Cary, NC: SAS Institute Inc.;(2011).
[9]. Baek Y., Kim H. Y., ModAugNet: A new forecasting framework for stock market index value with an overfitting prevention LSTM module and a prediction LSTM module. Expert Systems with Applications, 113: 457-480. (2018).
[10]. Khaidem L., Saha S., Dey S. R.: Predicting the direction of stock market prices using random forest. arXiv preprint arXiv:1605.00003, (2016).
[11]. Fischer T., Krauss C.: Deep learning with long short-term memory networks for financial market predictions. Eur J Oper Res. S0377221717310652. (2017).
Cite this article
Guo,Z. (2023). Stock Market Price Prediction Using Machine Learning Models. Advances in Economics, Management and Political Sciences,45,102-111.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
Disclaimer/Publisher's Note
The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
About volume
Volume title: Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and
conditions of the Creative Commons Attribution (CC BY) license. Authors who
publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons
Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this
series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published
version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial
publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and
during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See
Open access policy for details).