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Financial Trading System using Combination of Textual and Numerical Data
| International Journal of Computer Applications |
| Foundation of Computer Science (FCS), NY, USA |
| Volume 51 - Number 1 |
| Year of Publication: 2012 |
| Authors: Shital N. Dange, Rajesh V. Argiddi, S. S. Apte |
10.5120/8008-1372
|
Shital N. Dange, Rajesh V. Argiddi, S. S. Apte . Financial Trading System using Combination of Textual and Numerical Data. International Journal of Computer Applications. 51, 1 ( August 2012), 36-40. DOI=10.5120/8008-1372
Abstract
There is large amount of financial data that are generated and evaluated at a high speed. These financial data is coming continuously, changing with time and may be unpredictable. Therefore there is a critical need for automated approaches to effective and efficient utilization of large amount of data to support companies and individuals for decision-making. Data mining techniques can be used to uncover hidden patterns, to discover the behavior of the stock market, to find out the trends in financial markets and so on. For predicting stock trends and making financial trading decisions, a new model is presented. It is based on combination of data and text mining techniques which takes the textual contents of time-stamped web documents along with numerical time series data and performs the future prediction. By using this model, we will show that the accuracy of result will be improved.
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