University Links: Home Page | Site Map
Covenant University Repository

Stock Price Prediction using Neural Network with Hybridized Market Indicators

Adebiyi, A. A. and Ayo, C. K. and Adebiyi, Marion O. and Otokiti, S. O. (2012) Stock Price Prediction using Neural Network with Hybridized Market Indicators. Journal of Emerging Trends in Computing and Information Sciences, 3 (1). pp. 1-9. ISSN 2079-8407

[img] PDF
Download (287Kb)

Abstract

Stock prediction with data mining techniques is one of the most important issues in finance being investigated by researchers across the globe. Data mining techniques can be used extensively in the financial markets to help investors make qualitative decision. One of the techniques is artificial neural network (ANN). However, in the application of ANN for predicting the financial market the use of technical analysis variables for stock prediction is predominant. In this paper, we present a hybridized approach which combines the use of the variables of technical and fundamental analysis of stock market indicators for prediction of future price of stock in order to improve on the existing approaches. The hybridized approach was tested with published stock data and the results obtained showed remarkable improvement over the use of only technical analysis variables. Also, the prediction from hybridized approach was found satisfactorily adequate as a guide for traders and investors in making qualitative decisions.

Item Type: Article
Subjects: Q Science > QA Mathematics > QA75 Electronic computers. Computer science
Divisions: Faculty of Engineering, Science and Mathematics > School of Electronics and Computer Science
Depositing User: Mr Adewole Adewumi
Date Deposited: 20 Mar 2015 16:30
Last Modified: 20 Mar 2015 16:30
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/4112

Actions (login required)

View Item View Item