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Stock Market Prediction with High Accuracy using Machine Learning Techniques.

Authors :
Bansal, Malti
Goyal, Apoorva
Choudhary, Apoorva
Source :
Procedia Computer Science; 2022, Vol. 215, p247-265, 19p
Publication Year :
2022

Abstract

Stock market trading is a major and predominant activity when one talks about the financial markets. With the inevitable uncertainty and volatility in the prices of the stocks, an investor keeps looking for ways to predict the future trends in order to dodge the losses and make the maximum possible profits. However, it cannot be denied that as of yet there is no such technique to predict the upcoming trends in the markets with complete accuracy, while multiple methods are being explored to improve the predictive performance of models to an extent as large as possible. With the advancement in Machine Learning (ML) and Deep Learning (DL) over the past few years, many algorithms are being deployed for stock price prediction. This paper researches 5 algorithms namely K-Nearest Neighbors, Linear Regression, Support Vector Regression, Decision Tree Regression, and Long Short-Term Memory for predicting stock prices of 12 leading companies of the Indian stock market. After exhaustive research of the various aspects related to the application of ML in stock market, a data extensive implementation has been carried out as a part of this research work wherein the stock price dataset of 12 companies over the last 7 years was collected and used. The paper also highlights some more efficient and robust techniques that are used to forecast trends in the stock market. In detail, the methodology followed, to acquire the results, has been talked about step-wise. Furthermore, a detailed comparative analysis of the performances of the aforementioned algorithms for stock price prediction has been carried out with the results displayed in a legible tabulated and graphical form to analyze them better. The conclusions from this novel, data comprehensive research work have been presented and it has been inferred that the DL algorithm outperforms all the other algorithms for stock price or time series prediction and provides results with extensive accuracy. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
18770509
Volume :
215
Database :
Supplemental Index
Journal :
Procedia Computer Science
Publication Type :
Academic Journal
Accession number :
161080503
Full Text :
https://doi.org/10.1016/j.procs.2022.12.028