A Study of Stock Market Prediction(SMP) Using Machine Learning Techniques

The study discovers the application of machine learning techniques for predicting stock market trends, aiming to enhance forecasting accuracy and effectiveness. Traditional approaches like Fundamental Analysis and Technical Analysis are compared to current machine learning algorithms like Artificial Neural Networks (ANN), Support Vector Machine (SVM), and Naïve Bayes (NB) in a comprehensive framework. The paper classifies data into market data and textual data and outlines pre-processing methods involving feature selection, order reduction, and feature representation to extract valuable insights. The challenges of data quality, model interpretability, and market volatility are discussed, emphasizing the need for more study and advancement. This paper aims to transform stock market prediction by using machine learning methods, providing investors and financial institutions with essential tools for making educated decisions in rapidly changing market conditions.

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Publication Details

Journal
International Research Journal on Advanced Engineering and Management (IRJAEM)
Published
2024-08-21
DOI
https://doi.org/10.47392/irjaem.2024.0391
Citations
3
Primary Topic
Stock Market Forecasting Methods
Type
article
Field-Weighted Citation Impact
1.47
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article

A Study of Stock Market Prediction(SMP) Using Machine Learning Techniques

Mainaz Faridi, Yogita Punjabi
3 citations
International Research Journal on Advanced Engineering and Management (IRJAEM)
Stock Market Forecasting Methods
1.47
article

A Study of Stock Market Prediction(SMP) Using Machine Learning Techniques

Mainaz Faridi, Yogita Punjabi
article en
3 citations

Abstract

The study discovers the application of machine learning techniques for predicting stock market trends, aiming to enhance forecasting accuracy and effectiveness. Traditional approaches like Fundamental Analysis and Technical Analysis are compared to current machine learning algorithms like Artificial Neural Networks (ANN), Support Vector Machine (SVM), and Naïve Bayes (NB) in a comprehensive framework. The paper classifies data into market data and textual data and outlines pre-processing methods involving feature selection, order reduction, and feature representation to extract valuable insights. The challenges of data quality, model interpretability, and market volatility are discussed, emphasizing the need for more study and advancement. This paper aims to transform stock market prediction by using machine learning methods, providing investors and financial institutions with essential tools for making educated decisions in rapidly changing market conditions.

International Research Journal on Advanced Engineering and Management (IRJAEM)Vol. 2(08)
Banasthali University (IN)
Openalex Percentile: Top 16%
Stock Market Forecasting Methods
1.47
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