Impact of Fake Gold News on PT Aneka Tambang TBK (ANTM) Stock Prices: Analysis and Predictions

Fake news or hoaxes, have become a major problem around the world in recent years. This phenomenon not only affects public opinion but can also affect various aspects of socio-economic life, including financial markets. Currently, global stock prices continue to rise and have reached their highest level since 2012-2013. One of the leading mining companies in Indonesia, PT Aneka Tambang Tbk (ANTM), is not entirely dependent on its share price. The impact of fake news on stock prices has become a topic of growing interest in the academic literature. Various previous studies have attempted to identify the relationship between the spread of fake news and stock price fluctuations. Using the RapidMiner application, an analysis of PT ANTM's stock price prediction was conducted using Neural Network (NN) and Linear Regression (LR) algorithms. To assess the accuracy of the prediction, the analysis is performed using the Root Mean Square Error (RMSE) results. The comparative analysis conducted shows that the Neural Network algorithm has a lower error rate of 14,806 +/- 0.000 compared to the Linear Regression algorithm which has a value of 22,379 +/- 0.000. This shows that the Neural Network algorithm has higher accuracy in predicting the share price of PT ANTM. A smaller RMSE value indicates a more accurate prediction. In addition, this study also identified that the time span of the data used (December 19, 2023 - June 19, 2024) can affect the prediction results. Based on the conclusions, the researcher suggests that using a dataset with a longer time span and applying other Deep Learning algorithms to improve prediction accuracy can be used for future research.

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Publication Details

Journal
ROUTERS Jurnal Sistem dan Teknologi Informasi
Published
2025-02-15
DOI
https://doi.org/10.25181/rt.v3i1.3969
Primary Topic
Corporate Governance and Financial Management
Type
article
Field-Weighted Citation Impact
0.00
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article

Impact of Fake Gold News on PT Aneka Tambang TBK (ANTM) Stock Prices: Analysis and Predictions

Akrim Teguh Suseno, Umi Meganinditya Wulandari, Ispaniyah Ispaniyah, Putri Cahyaning Tyas
ROUTERS Jurnal Sistem dan Teknologi Informasi
Corporate Governance and Financial Management
article

Impact of Fake Gold News on PT Aneka Tambang TBK (ANTM) Stock Prices: Analysis and Predictions

Akrim Teguh Suseno, Umi Meganinditya Wulandari, Ispaniyah Ispaniyah, Putri Cahyaning Tyas
article en

Abstract

Fake news or hoaxes, have become a major problem around the world in recent years. This phenomenon not only affects public opinion but can also affect various aspects of socio-economic life, including financial markets. Currently, global stock prices continue to rise and have reached their highest level since 2012-2013. One of the leading mining companies in Indonesia, PT Aneka Tambang Tbk (ANTM), is not entirely dependent on its share price. The impact of fake news on stock prices has become a topic of growing interest in the academic literature. Various previous studies have attempted to identify the relationship between the spread of fake news and stock price fluctuations. Using the RapidMiner application, an analysis of PT ANTM's stock price prediction was conducted using Neural Network (NN) and Linear Regression (LR) algorithms. To assess the accuracy of the prediction, the analysis is performed using the Root Mean Square Error (RMSE) results. The comparative analysis conducted shows that the Neural Network algorithm has a lower error rate of 14,806 +/- 0.000 compared to the Linear Regression algorithm which has a value of 22,379 +/- 0.000. This shows that the Neural Network algorithm has higher accuracy in predicting the share price of PT ANTM. A smaller RMSE value indicates a more accurate prediction. In addition, this study also identified that the time span of the data used (December 19, 2023 - June 19, 2024) can affect the prediction results. Based on the conclusions, the researcher suggests that using a dataset with a longer time span and applying other Deep Learning algorithms to improve prediction accuracy can be used for future research.

ROUTERS Jurnal Sistem dan Teknologi Informasi
Universitas Pekalongan (ID), Institut Teknologi dan Sains Nahdlatul Ulama (ID)
Openalex Percentile: Top 90%
Corporate Governance and Financial Management
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