Design and Implementation of Stock Market Prediction System for Used Cars in Nigeria

Stock market prediction of commodities have undergone changes from the traditional to modern methods of using machine learning. Hence, the objective of this study was to design and implement a stock market price prediction system for used cars in Nigeria using machine learning techniques, the extra tree algorithm and support vector machine (SVM). The dataset used included such attributes as fuel type, number of doors, number of cylinders, drive wheel and price amongst others. The model was designed by training and testing using pre-processed data. Python programming language was used in the implementation. The results obtained for the mean square error and the R-squared showed high accuracy and therefore made the model ideal for car price prediction in the automobile Nigerian market.

Authors

Publication Details

Journal
Journal of applied science and environmental management
Published
2025-03-25
DOI
https://doi.org/10.4314/jasem.v29i3.18
Primary Topic
Stock Market Forecasting Methods
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Design and Implementation of Stock Market Prediction System for Used Cars in Nigeria

A. A. Alabi, Abdullahi Abdu İbrahim, O. A. Ayilara-Adewale, F. R. Olokun-Olukotun
Journal of applied science and environmental management
Stock Market Forecasting Methods
article

Design and Implementation of Stock Market Prediction System for Used Cars in Nigeria

A. A. Alabi, Abdullahi Abdu İbrahim, O. A. Ayilara-Adewale, F. R. Olokun-Olukotun
article en

Abstract

Stock market prediction of commodities have undergone changes from the traditional to modern methods of using machine learning. Hence, the objective of this study was to design and implement a stock market price prediction system for used cars in Nigeria using machine learning techniques, the extra tree algorithm and support vector machine (SVM). The dataset used included such attributes as fuel type, number of doors, number of cylinders, drive wheel and price amongst others. The model was designed by training and testing using pre-processed data. Python programming language was used in the implementation. The results obtained for the mean square error and the R-squared showed high accuracy and therefore made the model ideal for car price prediction in the automobile Nigerian market.

Journal of applied science and environmental managementVol. 29(3)
Openalex Percentile: Top 93%
Stock Market Forecasting Methods
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.