CFP last date
20 December 2024
Reseach Article

Forecasting Market Price of Stock using Artificial Neural Network

by Amod Murkute, Tanuja Sarode
International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 124 - Number 12
Year of Publication: 2015
Authors: Amod Murkute, Tanuja Sarode
10.5120/ijca2015905681

Amod Murkute, Tanuja Sarode . Forecasting Market Price of Stock using Artificial Neural Network. International Journal of Computer Applications. 124, 12 ( August 2015), 11-15. DOI=10.5120/ijca2015905681

@article{ 10.5120/ijca2015905681,
author = { Amod Murkute, Tanuja Sarode },
title = { Forecasting Market Price of Stock using Artificial Neural Network },
journal = { International Journal of Computer Applications },
issue_date = { August 2015 },
volume = { 124 },
number = { 12 },
month = { August },
year = { 2015 },
issn = { 0975-8887 },
pages = { 11-15 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume124/number12/22155-2015905681/ },
doi = { 10.5120/ijca2015905681 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-06T23:14:12.287588+05:30
%A Amod Murkute
%A Tanuja Sarode
%T Forecasting Market Price of Stock using Artificial Neural Network
%J International Journal of Computer Applications
%@ 0975-8887
%V 124
%N 12
%P 11-15
%D 2015
%I Foundation of Computer Science (FCS), NY, USA
Abstract

Stock determines the share of the ownership of a company. It represents the assets and earnings and overall contribution of the company in any country's economy. The stock of a company is partitioned into shares. Decision making in a stock market is not easy as it involves price trends, market nature, company's stability, different rumors, brand image, venture capitalist funds etc. It becomes very imperative to necessarily extract information that is vital for the people to understand and analyze the risk factors necessarily involved to forecast the stock market from the investor's viewpoint. Thus methods like technical analysis, time series analysis and statistical analysis are an attempt to predict the price but unfortunately none of these methods are a consistently acceptable tool. Hence artificial neural network i.e. a field of Artificial Intelligence is a desired way to discover unknown and hidden patterns of the data. There are two different phases i.e. training and other is predicting. Here Back propagation algorithm is used to training session and Multilayer feed forward network is a network model for predicting price accordingly. This prediction would be done on various parameters that would be considered as input to the multilayer perceptron model. These parameters are depends on data i.e. gained by the company.

References
  1. Chang Sim Vui, Gan Kim Soon, Chin Kim On, Rayner Alfred and Patricia Anthony, "A Review of Stock Market Prediction with Artificial Neural Network (ANN)", In the International Conference on Control System, Computing and Engineering , IEEE, 2013.
  2. Zabir Haider Khan, Tasnim Sharmin Alin, Md. Akter Hussain "Price Prediction of Share Market using Artificial Neural Network (ANN)", In the Journal of International Journal of Computer Applications , Volume 22 - no 2, 2011.
  3. Prashant S. Chavan and Dr. Shrishail T. Patil, "Parameters for Stock Market Prediction", In the Journal of Computer Technology and Applications, Volume 4(2), 2013.
  4. J. G. Agrawal, Dr. V. S. Chourasia, Dr. A. K. Mittra, "State-of-the-Art in Stock Prediction Techniques", In the Journal of International Journal of Advanced Research in Electrical , Electronics and Instrumentation Engineering, Vol 2, 2013.
  5. https://in.finance.yahoo.com, last visited on 05-05-2015.
  6. https://www.moneyconrol.com, last visited on 07-10-2014.
  7. Jacek M. Zurada, "Introduction to Artificial Neural System", West Publishing Company, 1992.
  8. Tom M. Mitchell, "Machine Learning", McGraw-Hill Science/Engineering/Math,1997.
  9. Barrey L. Kalman and Stan C. Kwasny, "Why tanh: Choosing a Sigmodial function", In the journal of Institute of Electrical and Electronics Engineers, 1992.
Index Terms

Computer Science
Information Sciences

Keywords

Artificial Neural Network (ANN) Price-Earnings Ratio (P/E Ratio) Simple Moving Average (SMA) Price Rate of Change (PROC)