International Journal Artificial Intelligent and Informatics
Vol 2, No 2 (2024)

Stock Price Prediction of ReconAfrica (RECAF) Using Gated Recurrent Unit (GRU): Analysis and Implications for Investment Decisions

Aníbal, Tomás López (Unknown)
Okanlawon, Rabiu (Unknown)



Article Info

Publish Date
30 Mar 2025

Abstract

This study develops a stock price prediction model for ReconAfrica (RECAF) using Gated Recurrent Unit (GRU), an effective deep learning method for capturing temporal and non-linear patterns in stock price data. The model was trained and tested using five years of historical RECAF stock price data and evaluated with metrics such as Mean Absolute Error (MAE), Mean Squared Error (MSE), Root Mean Squared Error (RMSE), and Mean Absolute Percentage Error (MAPE). The evaluation results show that the GRU model achieved an MAE of 0.0992, MSE of 0.0397, RMSE of 0.1993, and MAPE of 4.27, indicating a high predictive capability. These findings underscore the potential of the GRU model as a valuable tool for investors and market analysts in making more informed investment decisions. While the results are promising, the study also identifies opportunities for further development through the integration of external data and exploration of other deep learning architectures. Thus, this research contributes significantly to stock market analysis and improved investment strategies.

Copyrights © 2024






Journal Info

Abbrev

IJARLIT

Publisher

Subject

Computer Science & IT Economics, Econometrics & Finance

Description

International Journal of Artificial Intelligence and Informatics is a scientific journal dedicated to the exploration of theories, methods, and applications of artificial intelligence in time series analysis, forecasting, and prediction. This journal serves as a platform for researchers, academics, ...