Journal of Actuarial, Finance, and Risk Managment
Vol 1, No 2 (2022)

Forecasting of YG Entertainment Stock Prices February 2022-August 2022 Using Arima Model

Novia Galuh Ramadhanty (Study Program of Actuarial Science, President University)
Edwin Setiawan Nugraha (Study Program of Actuarial Science, President University)



Article Info

Publish Date
01 Nov 2022

Abstract

The stock price in investing is the main factor in determining whether an investor will invest there. With stock price prediction research, investors have an idea of whether to invest in the company. YG Entertainment is a public company in the entertainment sector with many artists and entertainment projects that have fluctuating prices. With the ARIMA (Autoregressive Integrated Moving Average) forecasting method, we can predict YG Entertainment's stock price. In this article, YG Entertainment's prediction using the ARIMA model results in a MAPE error rate of 11% with the best model being ARIMA (0,1,0). The error of the model are 33160 x103 MSE, 5758.543 RMSE, and 4366.446 MAE. This forecast will produce good output as consideration for investor who interesting buy YG Entertainment stock price

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Journal Info

Abbrev

JAFRM

Publisher

Subject

Economics, Econometrics & Finance Mathematics

Description

This journal aims to provide high quality articles covering any and all aspects of the most recent and significant developments in the actuarial, financial, and risk ...