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NSE Stock Market Prediction Using Deep-Learning Models
Open accessAbstract
The neural network, one of the intelligent data mining technique that has been used by researchers in various areas for the past 10 years. Prediction and analysis of stock market data have got an important role in today’s economy. The various algorithms used for forecasting can be categorized into linear (AR, MA, ARIMA, ARMA) and non-linear models (ARCH, GARCH, Neural Network). In this paper, we are using four types of deep learning architectures i.e Multilayer Perceptron (MLP), Recurrent Neural Networks (RNN), Long Short-Term Memory (LSTM) and Convolutional Neural Network (CNN) for predicting the stock price of a company based on the historical prices available. Here we are using day-wise closing price of two different stock markets, National Stock Exchange (NSE) of India and New York Stock Exchange (NYSE). The network was trained with the stock price of a single company from NSE and predicted for five different companies from both NSE and NYSE. It has been observed that CNN is outperforming the other models. The network was able to predict for NYSE even though it was trained with NSE data. This was possible because both the stock markets share some common inner dynamics. The results obtained were com- pared with ARIMA model and it has been observed that the neural networks are outperforming the existing linear model (ARIMA).
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Cites
Visualizing and Understanding Recurrent Networks
Karpathy, A., Johnson, J., & Fei-Fei, L. (2015) · arXiv · doi:10.48550/arxiv.1506.02078 · Cited by 845
Cited by
Stock Market Analysis: A Review and Taxonomy of Prediction Techniques
Shah, D., Isah, H., & Zulkernine, F. (2019) · International Journal of Financial Studies · doi:10.3390/ijfs7020026 · Cited by 465
Optimizing LSTM for time series prediction in Indian stock market
Yadav, A., Jha, C. K., & Sharan, A. (2020) · Procedia Computer Science · doi:10.1016/j.procs.2020.03.257 · Cited by 365
Nikou, M., Mansourfar, G., & Bagherzadeh, J. (2019) · Intelligent Systems in Accounting, Finance and Management · doi:10.1002/isaf.1459 · Cited by 292
Stock market prediction using deep learning algorithms
Mukherjee, S., Sadhukhan, B., Sarkar, N., Roy, D., & De, S. (2023) · CAAI Transactions on Intelligence Technology · doi:10.1049/cit2.12059 · Cited by 170
Stock Price prediction using LSTM and SVR
Bathla, G. (2020) · 2020 Sixth International Conference on Parallel, Distributed and Grid Computing (PDGC) · doi:10.1109/pdgc50313.2020.9315800 · Cited by 139
Metadata
- Authors
- M, H., E.A., G., Menon, V. K., & K.P., S.
- Venue
- Procedia Computer Science
- Publisher
- Elsevier BV
- Published
- 2018
- Volume
- 132
- Pages
- 1351-1362
- ISSN
- 1877-0509 (ISSN-L)
- OpenAlex
- W2806777472
- Cited by
- 611
- References
- 1
- FWCI
- 72.27
- Type
- conference paper
- Language
- en
- Open access
- diamond
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- M, H., E.A., G., Menon, V. K., & K.P., S. (2018). NSE Stock Market Prediction Using Deep-Learning Models. Procedia Computer Science. https://doi.org/10.1016/j.procs.2018.05.050
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