Journal of Applied Data Sciences
Vol 6, No 2: MAY 2025

Price Prediction of Aglaonema Ornamental Plants Using the Long Short-Term Memory (LSTM) Algorithm

Sugiarti, Yuni (Unknown)
Suroso, Arif Imam (Unknown)
Hermadi, Irman (Unknown)
Sunarti, Euis (Unknown)
Yamin, Fadhilah Bt Mat (Unknown)



Article Info

Publish Date
14 May 2025

Abstract

The Aglaonema ornamental plant is a horticultural commodity with high economic value and promising prospects. It is well known for its attractive leaf variations, earning it the nickname "Queen of Leaves." However, unpredictable price fluctuations make investing in Aglaonema speculative and high-risk. This research aims to predict the price of Aglaonema over the next five years using the Long Short-Term Memory (LSTM) algorithm. LSTM is considered superior to other algorithms in handling time series data. The model's performance was evaluated using Mean Squared Error (MSE), Root Mean Squared Error (RMSE), and Mean Absolute Error (MAE) on a weekly Aglaonema price dataset covering the period from January 2012 to December 2023. The results demonstrate that the LSTM algorithm can predict Aglaonema prices with high accuracy, as indicated by the following metrics: MSE: 0.005 – Represents the average squared difference between predicted and actual prices. A lower MSE indicates higher model accuracy. RMSE: 0.07-RMSE provides a more interpretable error measurement as it retains the same units as the original data. A low RMSE signifies that the model's predictions closely align with actual values. MAE: 0.04 – Measures the absolute average difference between predicted and actual prices. A lower MAE value reflects a smaller prediction error. Thus, this research makes a significant contribution to the development of a machine learning-based price prediction system for the ornamental plant industry.

Copyrights © 2025






Journal Info

Abbrev

JADS

Publisher

Subject

Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management

Description

One of the current hot topics in science is data: how can datasets be used in scientific and scholarly research in a more reliable, citable and accountable way? Data is of paramount importance to scientific progress, yet most research data remains private. Enhancing the transparency of the processes ...