Year: 2024
Type: article
Abstract: Accurately predicting the movement of stock prices can help people make more informed investment decisions and thus obtain higher returns. They can also assess market trends, develop investment strategies and provide investment advice. In this paper, we used 5 models including Random Forest, XGBoost, ANN, RNN, LSTM to predict and verify the fit of 3 companies (AMZN, BABA and MSFT). It is found that LSTM and random forest model can predict well in most cases. The development of the financial industry does have some shortcomings, and the future financial field will be a field full of challenges and opportunities, so some machine learning and deep learning methods can be used to solve the prediction and modeling problems of financial aspects such as the stock market.
Author: Sunye Wang
Institution: Xi’an Jiaotong-Liverpool University
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6903454856
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