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Journal : Asian Journal of Management Analytics

Predicting the Share Price of Bank Syariah Indonesia Using the GRU (Gated Recurrent Unit) Algorithm Nurmarendra, Muhammad; Anik, Anik; Riady, Yasir
Asian Journal of Management Analytics Vol. 5 No. 1 (2026): January 2026
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/ajma.v5i1.15964

Abstract

This scientific paper uses three different models, namely the baseline model, hyperparameter tuning with 4 layers, and hyperparameter tuning with 5 layers, to evaluate the effectiveness of GRU in predicting future stock prices. The performance of each model was measured using Mean Squared Error (MSE), Mean Absolute Error (MAE), Root Mean Squared Error (RMSE), and Mean Absolute Percentage Error (MAPE). The baseline model, configured with 50 GRU units, 100 lookbacks, 100 timestamps, batch size 64, and 50 epochs, showed the best performance, achieving MSE 5601.44, MAE 54.06, RMSE 74.84, and MAPE 1.90%. In comparison, the 4-layer model showed slightly higher errors, with MSE 10842.89, MAE 79.65, RMSE 104.13, and MAPE 2.77%, while the 5-layer model produced higher errors, with MSE 14687.76, MAE 91.94, RMSE 121.19, and MAPE 3.22%.
Co-Authors Adam, Mardi Adamy, Zulham Ajmal, Muhammad Ali, Ahmad Jum'a Khatib Nur Ali, Ahmad Jum’a Khatib Nur Anastasia, Selly Angga Sucitra Hendrayana, Angga Sucitra Angga warda prasakti Anggraeni, Dela Resti Angraini, Desti Anik Anik, Anik Arif Hidayat Arisanty, Melissa Arshad, Mahek Az Zaakiyyah, Hizbul Khootimah Budiman, Rahmat Cahyaning, Choiril Indah Desi Fitriani Dewanti, Nur Dewi Shinta Wulandari Lubis DWI RAHMAWATI Eddy Haryanto eka evriza, eka Fiani, Isma Dwi Gozali , Imam Gurung, Lina Hana Hanifah Heni Pujiastuti HERI FATHURAHMAN Husna, Nailul Hutabarat, Zuhri Saputra Jonner Simarmata Jupriani, Jupriani K. Y.S. Putri Kandi, Kandi Karim, Muhammad Firman Khaerul Anam Kharis, Selly Anastasia Amelia Khatib, Ahmad Juma Khatib, Ahmad Jum’a Kurniawan, David Rindu Kuswanti, Eko M. Firman Karim Majidah Majidah Marina, Nisha Marini, Yushita Martini Martini Maulidia Permatasari, Sri Meirani Harsasi Melisa Arisanty Milde Wahyu Milenia, Nurbeta Dela Miliani, Masyrisal Nurmarendra, Muhammad Pahlevi, Habieb Pangesti, Nadya Rahma Perananda, M Yusril Prasetyo, Mario Aditya Pratama, Aryawira Pratiwi, Heni Priono, Mochamad Purnama, Yulian Putimasurai, Putimasurai Putri, Alviarana Tsamarah Utami Rahim, Norizan Baba Rahim, Norizan Binti Baba Rahman Hamid, Abdul Riady, Hamdi Riana, Kurnia Endah Robiansyah, Anton Robiansyah, Anton Rosikin, Rosikin Rosmiati Rosmiati Roy Valiant Salomo Sadria, Ade Safitri, Shofiya Nur Samsidar Samsidar Saputra, Uji Selly Anastassia Amellia Kharis Sembiring, Benar Shahib, Abdul Sihombing, Ceria Cristy Kayani Simanullang, Sanco Siminto Siswanto, Achmad Siti Fatimah Sopianda Sri Maulidia Permatasari Sukatmi, Sri Sulistiyo, Urip SYAIFUL BAHRI Sylvana, Tsani Unggul Utan Sufandi Wahyu, Milde Wiradharma, Gunawan Yanto, Murni Yati Yati, Yati Yesi Andriani Yunan Surono, Yunan Zubir, Edward