Review of Stock Price Predicting Method Based on LSTM

Research Article
Open access

Review of Stock Price Predicting Method Based on LSTM

Huizi Qian 1
  • 1 Department of Industrial Economics, University of Chinese Academy of Social Sciences, 102445, Beijing, China    
  • *corresponding author
Published on 21 March 2023 | https://doi.org/10.54254/2754-1169/3/2022823
AEMPS Vol.3
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-15-7
ISBN (Online): 978-1-915371-16-4

Abstract

Stock market forecasting is a challenging field for investors to make profits in the financial market. Investors need to understand that financial markets are more unstable and affected by many external factors. Time series analysis of daily stock data and the establishment of prediction model are very complex. The development of stock market forecasting technology is changing with each passing day and deep learning method is more and more used in finance field. This paper review the stock predicting method based on LSTM from the year 2015 to 2022.

Keywords:

Predicting, Stock Price, LSTM

Qian,H. (2023). Review of Stock Price Predicting Method Based on LSTM. Advances in Economics, Management and Political Sciences,3,479-488.
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References

[1]. Chen, K., Zhou, Y., & Dai, F. (2015, October). A LSTM-based method for stock returns prediction: A case study of China stock market. In 2015 IEEE international conference on big data (big data) (pp. 2823-2824). IEEE.

[2]. Zhuge, Q., Xu, L., & Zhang, G. (2017). LSTM Neural Network with Emotional Analysis for prediction of stock price. Engineering letters, 25(2).

[3]. Zhao, Z., Rao, R., Tu, S., & Shi, J. (2017, November). Time-weighted LSTM model with redefined labeling for stock trend prediction. In 2017 IEEE 29th international conference on tools with artificial intelligence (ICTAI) (pp. 1210-1217). IEEE.

[4]. Hansson, M. (2017). On stock return prediction with LSTM networks.

[5]. Liu, S., Liao, G., & Ding, Y. (2018, May). Stock transaction prediction modeling and analysis based on LSTM. In 2018 13th IEEE Conference on Industrial Electronics and Applications (ICIEA) (pp. 2787-2790). IEEE.

[6]. Baek, Y., & Kim, H. Y. (2018). 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.

[7]. Li, H., Shen, Y., & Zhu, Y. (2018, November). Stock price prediction using attention-based multi-input LSTM. In Asian conference on machine learning (pp. 454-469). PMLR.

[8]. Naik, N., & Mohan, B. R. (2019, May). Study of stock return predictions using recurrent neural networks with LSTM. In International conference on engineering applications of neural networks (pp. 453-459). Springer, Cham.

[9]. Li, X., Li, Y., Yang, H., Yang, L., & Liu, X. Y. (2019). DP-LSTM: Differential privacy-inspired LSTM for stock prediction using financial news. arXiv preprint arXiv:1912.10806.

[10]. Eapen, J., Bein, D., & Verma, A. (2019, January). Novel deep learning model with CNN and bi-directional LSTM for improved stock market index prediction. In 2019 IEEE 9th annual computing and communication workshop and conference (CCWC) (pp. 0264-0270). IEEE.

[11]. Qian, F., & Chen, X. (2019, April). Stock prediction based on LSTM under different stability. In 2019 IEEE 4th International Conference on Cloud Computing and Big Data Analysis (ICCCBDA) (pp. 483-486). IEEE.

[12]. Borovkova, S., & Tsiamas, I. (2019). An ensemble of LSTM neural networks for high‐frequency stock market classification. Journal of Forecasting, 38(6), 600-619.

[13]. Moghar, A., & Hamiche, M. (2020). Stock market prediction using LSTM recurrent neural network. Procedia Computer Science, 170, 1168-1173.

[14]. Yadav, A., Jha, C. K., & Sharan, A. (2020). Optimizing LSTM for time series prediction in Indian stock market. Procedia Computer Science, 167, 2091-2100.

[15]. Mehtab, S., Sen, J., & Dutta, A. (2020, October). Stock price prediction using machine learning and LSTM-based deep learning models. In Symposium on Machine Learning and Metaheuristics Algorithms, and Applications (pp. 88-106). Springer, Singapore.

[16]. Lu, W., Li, J., Li, Y., Sun, A., & Wang, J. (2020). A CNN-LSTM-based model to forecast stock prices. Complexity, 2020.

[17]. Zou, Z., & Qu, Z. (2020). Using LSTM in Stock prediction and Quantitative Trading. CS230: Deep Learning, Winter.

[18]. Ding, G., & Qin, L. (2020). Study on the prediction of stock price based on the associated network model of LSTM. International Journal of Machine Learning and Cybernetics, 11(6), 1307-1317.

[19]. Jin, Z., Yang, Y., & Liu, Y. (2020). Stock closing price prediction based on sentiment analysis and LSTM. Neural Computing and Applications, 32(13), 9713-9729.

[20]. Wu, J. M. T., Li, Z., Herencsar, N., Vo, B., & Lin, J. C. W. (2021). A graph-based CNN-LSTM stock price prediction algorithm with leading indicators. Multimedia Systems, 1-20.

[21]. Lin, Y., Yan, Y., Xu, J., Liao, Y., & Ma, F. (2021). Forecasting stock index price using the CEEMDAN-LSTM model. The North American Journal of Economics and Finance, 57, 101421.

[22]. Gao, Y., Wang, R., & Zhou, E. (2021). Stock Prediction Based on Optimized LSTM and GRU Models. Scientific Programming, 2021.

[23]. Zhang, R. (2022, March). LSTM-based Stock Prediction Modeling and Analysis. In 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) (pp. 2537-2542). Atlantis Press.

[24]. Shi, Z., Hu, Y., Mo, G., & Wu, J. (2022). Attention-based CNN-LSTM and XGBoost hybrid model for stock prediction. arXiv preprint arXiv:2204.02623.


Cite this article

Qian,H. (2023). Review of Stock Price Predicting Method Based on LSTM. Advances in Economics, Management and Political Sciences,3,479-488.

Data availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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About volume

Volume title: Proceedings of the 6th International Conference on Economic Management and Green Development (ICEMGD 2022), Part Ⅰ

ISBN:978-1-915371-15-7(Print) / 978-1-915371-16-4(Online)
Editor:Javier Cifuentes-Faura, Canh Thien Dang
Conference website: https://www.icemgd.org/
Conference date: 6 August 2022
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.3
ISSN:2754-1169(Print) / 2754-1177(Online)

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References

[1]. Chen, K., Zhou, Y., & Dai, F. (2015, October). A LSTM-based method for stock returns prediction: A case study of China stock market. In 2015 IEEE international conference on big data (big data) (pp. 2823-2824). IEEE.

[2]. Zhuge, Q., Xu, L., & Zhang, G. (2017). LSTM Neural Network with Emotional Analysis for prediction of stock price. Engineering letters, 25(2).

[3]. Zhao, Z., Rao, R., Tu, S., & Shi, J. (2017, November). Time-weighted LSTM model with redefined labeling for stock trend prediction. In 2017 IEEE 29th international conference on tools with artificial intelligence (ICTAI) (pp. 1210-1217). IEEE.

[4]. Hansson, M. (2017). On stock return prediction with LSTM networks.

[5]. Liu, S., Liao, G., & Ding, Y. (2018, May). Stock transaction prediction modeling and analysis based on LSTM. In 2018 13th IEEE Conference on Industrial Electronics and Applications (ICIEA) (pp. 2787-2790). IEEE.

[6]. Baek, Y., & Kim, H. Y. (2018). 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.

[7]. Li, H., Shen, Y., & Zhu, Y. (2018, November). Stock price prediction using attention-based multi-input LSTM. In Asian conference on machine learning (pp. 454-469). PMLR.

[8]. Naik, N., & Mohan, B. R. (2019, May). Study of stock return predictions using recurrent neural networks with LSTM. In International conference on engineering applications of neural networks (pp. 453-459). Springer, Cham.

[9]. Li, X., Li, Y., Yang, H., Yang, L., & Liu, X. Y. (2019). DP-LSTM: Differential privacy-inspired LSTM for stock prediction using financial news. arXiv preprint arXiv:1912.10806.

[10]. Eapen, J., Bein, D., & Verma, A. (2019, January). Novel deep learning model with CNN and bi-directional LSTM for improved stock market index prediction. In 2019 IEEE 9th annual computing and communication workshop and conference (CCWC) (pp. 0264-0270). IEEE.

[11]. Qian, F., & Chen, X. (2019, April). Stock prediction based on LSTM under different stability. In 2019 IEEE 4th International Conference on Cloud Computing and Big Data Analysis (ICCCBDA) (pp. 483-486). IEEE.

[12]. Borovkova, S., & Tsiamas, I. (2019). An ensemble of LSTM neural networks for high‐frequency stock market classification. Journal of Forecasting, 38(6), 600-619.

[13]. Moghar, A., & Hamiche, M. (2020). Stock market prediction using LSTM recurrent neural network. Procedia Computer Science, 170, 1168-1173.

[14]. Yadav, A., Jha, C. K., & Sharan, A. (2020). Optimizing LSTM for time series prediction in Indian stock market. Procedia Computer Science, 167, 2091-2100.

[15]. Mehtab, S., Sen, J., & Dutta, A. (2020, October). Stock price prediction using machine learning and LSTM-based deep learning models. In Symposium on Machine Learning and Metaheuristics Algorithms, and Applications (pp. 88-106). Springer, Singapore.

[16]. Lu, W., Li, J., Li, Y., Sun, A., & Wang, J. (2020). A CNN-LSTM-based model to forecast stock prices. Complexity, 2020.

[17]. Zou, Z., & Qu, Z. (2020). Using LSTM in Stock prediction and Quantitative Trading. CS230: Deep Learning, Winter.

[18]. Ding, G., & Qin, L. (2020). Study on the prediction of stock price based on the associated network model of LSTM. International Journal of Machine Learning and Cybernetics, 11(6), 1307-1317.

[19]. Jin, Z., Yang, Y., & Liu, Y. (2020). Stock closing price prediction based on sentiment analysis and LSTM. Neural Computing and Applications, 32(13), 9713-9729.

[20]. Wu, J. M. T., Li, Z., Herencsar, N., Vo, B., & Lin, J. C. W. (2021). A graph-based CNN-LSTM stock price prediction algorithm with leading indicators. Multimedia Systems, 1-20.

[21]. Lin, Y., Yan, Y., Xu, J., Liao, Y., & Ma, F. (2021). Forecasting stock index price using the CEEMDAN-LSTM model. The North American Journal of Economics and Finance, 57, 101421.

[22]. Gao, Y., Wang, R., & Zhou, E. (2021). Stock Prediction Based on Optimized LSTM and GRU Models. Scientific Programming, 2021.

[23]. Zhang, R. (2022, March). LSTM-based Stock Prediction Modeling and Analysis. In 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022) (pp. 2537-2542). Atlantis Press.

[24]. Shi, Z., Hu, Y., Mo, G., & Wu, J. (2022). Attention-based CNN-LSTM and XGBoost hybrid model for stock prediction. arXiv preprint arXiv:2204.02623.