Asian Journal of Management Analytics
Vol. 5 No. 1 (2026): January 2026

Predicting the Share Price of Bank Syariah Indonesia Using the GRU (Gated Recurrent Unit) Algorithm

Nurmarendra, Muhammad (Unknown)
Anik, Anik (Unknown)
Riady, Yasir (Unknown)



Article Info

Publish Date
31 Jan 2026

Abstract

This scientific paper uses three different models, namely the baseline model, hyperparameter tuning with 4 layers, and hyperparameter tuning with 5 layers, to evaluate the effectiveness of GRU in predicting future stock prices. The performance of each model was measured using Mean Squared Error (MSE), Mean Absolute Error (MAE), Root Mean Squared Error (RMSE), and Mean Absolute Percentage Error (MAPE). The baseline model, configured with 50 GRU units, 100 lookbacks, 100 timestamps, batch size 64, and 50 epochs, showed the best performance, achieving MSE 5601.44, MAE 54.06, RMSE 74.84, and MAPE 1.90%. In comparison, the 4-layer model showed slightly higher errors, with MSE 10842.89, MAE 79.65, RMSE 104.13, and MAPE 2.77%, while the 5-layer model produced higher errors, with MSE 14687.76, MAE 91.94, RMSE 121.19, and MAPE 3.22%.

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Journal Info

Abbrev

ajma

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

The Asian Journal of Management Analytics (AJMA) is a journal focused on the theory and application of data analytics and its applications in contemporary business, economics, and management disciplines. These disciplines include accounting, finance, management, marketing, economics ...