Implementasi Algoritma Regresi Linear untuk Memprediksi Harga Emas

This study aims to predict gold prices using several independent variables, including the silver exchange rate (SLV), the S&P 500 index (SPX), the United States Oil Fund (USO) stock exchange rate, and the Euro (EUR) to United States dollar (USD) exchange rate. The data used in this study is secondary data sourced from "Gold Price Data," comprising a total of 2290 observations and 7 columns. The method employed is regression, which is a technique for building predictive models based on given input values. The prediction results are evaluated based on the Root Mean Square Error (RMSE) value, where a smaller RMSE indicates better accuracy. The study's results show that the single-variable model has an accuracy of 73%, while the multi-variable model has an accuracy of 84%.To improve prediction accuracy, this study recommends using alternative predictive models and improving the dataset division to ensure a more representative distribution. This research not only contributes to gold price prediction but also to the development of more accurate predictive models by utilizing relevant economic variables.

Institutions

Publication Details

Journal
INTRO Journal Informatika dan Teknik Elektro
Published
2024-12-31
DOI
https://doi.org/10.51747/intro.v3i2.324
Primary Topic
Wildlife Ecology and Conservation
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Implementasi Algoritma Regresi Linear untuk Memprediksi Harga Emas

INTRO Journal Informatika dan Teknik Elektro
Wildlife Ecology and Conservation
article

Implementasi Algoritma Regresi Linear untuk Memprediksi Harga Emas

article en

Abstract

This study aims to predict gold prices using several independent variables, including the silver exchange rate (SLV), the S&P 500 index (SPX), the United States Oil Fund (USO) stock exchange rate, and the Euro (EUR) to United States dollar (USD) exchange rate. The data used in this study is secondary data sourced from "Gold Price Data," comprising a total of 2290 observations and 7 columns. The method employed is regression, which is a technique for building predictive models based on given input values. The prediction results are evaluated based on the Root Mean Square Error (RMSE) value, where a smaller RMSE indicates better accuracy. The study's results show that the single-variable model has an accuracy of 73%, while the multi-variable model has an accuracy of 84%.To improve prediction accuracy, this study recommends using alternative predictive models and improving the dataset division to ensure a more representative distribution. This research not only contributes to gold price prediction but also to the development of more accurate predictive models by utilizing relevant economic variables.

INTRO Journal Informatika dan Teknik ElektroVol. 3(2)
University of Pembangunan Nasional Veteran Jawa Timur (ID)
Decent work and economic growth
Openalex Percentile: Top 37%
Wildlife Ecology and Conservation
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.

Implementasi Algoritma Regresi Linear untuk Memprediksi Harga Emas · INTRO Journal Informatika dan Teknik Elektro (2024) | TGRS Research Map | TGRS