Indonesian Journal on Computing (Indo-JC)
Vol. 7 No. 1 (2022): April, 2022

Stock Market Price Forecasting Using Recurrent Neural Network

Pragya Bhardwaj (Programmer Analyst Trainee)
Jayant Kwatra (Unknown)



Article Info

Publish Date
01 Apr 2022

Abstract

A stock refers to the ownership of the organisation and its investors. A market where these stocks are sold or purchased is known as stock market. The prices of the stock is listed over National Stock Exchange or Bombay Stock Exchange for all Indian Companies. In this work, a machine learning approach is used to predict and forecast the prices of a company listed in NSE and BSE for 30 days using recurrent neural network known as stacked long-short term memory model. The results show that the model worked highly effective in performing the task. The model in the evaluation phase gave a root mean square error of 3.00 on the training data, 0.03 on testing data. R2 score for training data was 0.99 and 0.97 for the testing data. The prices when compared by the client organisation showed that they matched the predicted values to upto 90%. Thus, stacked LSTM models are one of the best models to make predictions of stock related data.

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Journal Info

Abbrev

indojc

Publisher

Subject

Computer Science & IT

Description

Indonesian Journal on Computing (Indo-JC) is an open access scientific journal intended to bring together researchers and practitioners dealing with the general field of computing. Indo-JC is published by School of Computing, Telkom University ...