JOURNAL OF INFORMATICS AND TELECOMMUNICATION ENGINEERING
Vol. 8 No. 1 (2024): Issues July 2024

Comparison of ARIMA and LSTM Models in Stock Price Forecasting: A Case Study of GOTO.JK

Adam, Hikmah Adwin (Unknown)
Raditiansyah, Farhan (Unknown)
Imani, Muhammad Rayyan (Unknown)
Fawwaz, Mohammad Faris (Unknown)
Julham, Julham (Unknown)
Lubis, Arif Ridho (Unknown)



Article Info

Publish Date
31 Jul 2024

Abstract

The renowned Indonesian company, PT Gojek Tokopedia Tbk, has a significant impact on the Indonesian economy by attracting investors to invest their shares. This study uses stock closing price data to forecast stock prices using ARIMA (AutoRegressive Intergrated Moving Average) and LSTM (Long Short-Term Memory) models, to predict using prediction by dividing the data into groups of 10 or 20 data with data sets to be trained as multiples. The analysis shows that ARIMA is superior to LSTM based on the comparison of average error and average percentage error, where the average error results in LSTM (3.843) and ARIMA (3.259), as well as the average error of LSTM (4.04%) and ARIMA (3.57%). The research supports the conclusion that ARIMA has a better performance in predicting the stock price of PT Gojek Tokopedia Tbk. These results provide important insights for investors and market participants, while the research supports the increased use of seasonal patterns in ARIMA forecasting for more accurate results in the future. Future research is recommended to explore additional factors and optimized models to further improve stock price prediction.

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Journal Info

Abbrev

jite

Publisher

Subject

Computer Science & IT Engineering

Description

JURNAL TEKNIK INFORMATIKA, JITE (Journal of Informatics and Telecommunication Engineering) is a journal that contains articles / publications and research results of scientific work related to the field of science of Informatics Engineering such as Software Engineering, Database, Data Mining, ...