International Journal of Informatics and Computation
Vol. 5 No. 1 (2023): International Journal of Informatics and Computation

Robust Stock Price Prediction using Gated Recurrent Unit (GRU)

Hamzah (Universitas Respati Yogyakarta)
Sugeng Winardi (Universitas Respati Yogyakarta)
Poly Endrayanto Eko Chrismawan (Universitas Respati Yogyakarta, Indonesia)
Rainbow Tambunan (Universitas Respati Yogyakarta)



Article Info

Publish Date
20 Sep 2023

Abstract

Forecasting the direction of price movement of the stock market could yield significant profits. Traders use technical analysis, which is the study of price by scrutinizing past prices, to forecast the future price of the nickel stock price. Therefore, in this study, we propose Gated Recurrent Units (GRU) to predict nickel stock price trends. This research aims to produce an accurate nickel stock price trend prediction model. The research method utilized historical data on nickel stock prices from Yahoo Finance. The research results show that the model developed accurately predicted nickel stock price trends. From the RMSE, MAE, and MSE analysis results, the RMSE value was 0.0123, the MAE value was 0.0089, and the MSE value was 0.0002 on the test data.

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Journal Info

Abbrev

ijicom

Publisher

Subject

Computer Science & IT

Description

International Journal of Informatics and Computation (IJICOM) is an international, peer-reviewed, open-access journal, that publishes original theoretical and empirical work on the science of informatics and its application in multiple fields. Our concept of Informatics includes technologies of ...