Prediction of future stock price using recurrent neural network / Nur Izzah Atirah Mohd Ikhram ... [et al.]

Mohd Ikhram, Nur Izzah Atirah and Shafii, Nor Hayati and Fauzi, Nur Fatihah Fauzi and Md Nasir, Diana Sirmayunie and Mohd Nor, Nor Azriani (2023) Prediction of future stock price using recurrent neural network / Nur Izzah Atirah Mohd Ikhram ... [et al.]. Journal of Computing Research and Innovation (JCRINN), 8 (2): 11. pp. 103-111. ISSN 2600-8793

Abstract

The stock market can affect businesses in various ways, as the rise and fall of a company's share price values impact its market capitalization and overall market value. However, forecasting stock market returns is challenging because financial stock markets are unpredictable and non-linear, with factors such as market trends, supply and demand ratios, global economies, and public opinion affecting stock prices. With the advent of artificial intelligence and increased processing power, intelligent prediction techniques have become more effective in forecasting stock values. This study proposes a Recurrent Neural Network (RNN) model that uses a deep learning machine to predict stock prices. The process includes five stages: data analysis, dataset preparation, network design, network training, and network testing. The accuracy of the model is determined by the mean square error (MSE) and root mean square error (RMSE), which are 1.24 and 1.12, respectively. The predicted closing price is then compared to the actual closing price to assess the accuracy of the model. Finally, it is suggested that this approach can also be used to forecast other volatile time-series data

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Mohd Ikhram, Nur Izzah Atirah
UNSPECIFIED
Shafii, Nor Hayati
UNSPECIFIED
Fauzi, Nur Fatihah Fauzi
UNSPECIFIED
Md Nasir, Diana Sirmayunie
UNSPECIFIED
Mohd Nor, Nor Azriani
UNSPECIFIED
Subjects: Q Science > QA Mathematics > Instruments and machines > Electronic Computers. Computer Science > Neural networks (Computer science)
Divisions: Universiti Teknologi MARA, Perlis > Arau Campus
Journal or Publication Title: Journal of Computing Research and Innovation (JCRINN)
UiTM Journal Collections: UiTM Journal > Journal of Computing Research and Innovation (JCRINN)
ISSN: 2600-8793
Volume: 8
Number: 2
Page Range: pp. 103-111
Keywords: Stock Price, Prediction, Recurrent Neural Network, Rapid Miner
Date: 2023
URI: https://ir.uitm.edu.my/id/eprint/86883
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