ITIJ
Vol. 2 No. 1 (2024): Information Technology International Journal

Long Short Term Memory Method and Social Media Sentiment Analysis for Stock Price Prediction

Mas Diyasa, I Gede Susrama (Unknown)
Mustika, Agung (Unknown)
Amanullah , Nurkholis (Unknown)



Article Info

Publish Date
29 May 2024

Abstract

The stock market is a complex arena of interest yet uncertainty. Trading stocks, binaries, gold, and bitcoin is growing in popularity, but is prone to price fluctuations influenced by economic and political factors. Social media, particularly Twitter, is where views on companies are shared. Social media sentiment analysis can provide additional insights to evaluate potential future stock price movements, preventing unwanted speculation. The purpose of this research is to develop a Tesla stock price prediction model by integrating the Long Short-Term Memory (LSTM) method and social media sentiment analysis from Twitter to improve prediction accuracy. Stock price data is obtained from Kaggle and Twitter sentiment data is processed through pre-processing. Evaluation values such as Mean Squared Error (MSE) and Root Mean Squared Error (RMSE) are lower in the model with sentiment indicating the ability of the model to more accurately model the dynamics of stock price movements. Lower MSE and RMSE indicate that the model's predictions are closer to the true values, and therefore, the model can be considered more reliable in projecting future stock price changes. These results provide support for the use of Twitter sentiment analysis as a useful source of additional information in improving the prediction accuracy of LSTM regression models in the context of stock market analysis

Copyrights © 2024






Journal Info

Abbrev

ITIJ

Publisher

Subject

Computer Science & IT Electrical & Electronics Engineering

Description

Information Technology International Journal (ITIJ) is international referred journal with the objectives to explore, develop, and elucidate the knowledge of Information Technology, to keep practitioners and researchers informed on current issues and best practices, as well as serving as a platform ...