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Reseach Article

Stock Market Prediction Model by Combining Numeric and News Textual Mining

by Kranti M. Jaybhay, Rajesh V. Argiddi, S. S. Apte
International Journal of Computer Applications
Foundation of Computer Science (FCS), NY, USA
Volume 57 - Number 19
Year of Publication: 2012
Authors: Kranti M. Jaybhay, Rajesh V. Argiddi, S. S. Apte
10.5120/9222-3779

Kranti M. Jaybhay, Rajesh V. Argiddi, S. S. Apte . Stock Market Prediction Model by Combining Numeric and News Textual Mining. International Journal of Computer Applications. 57, 19 ( November 2012), 16-22. DOI=10.5120/9222-3779

@article{ 10.5120/9222-3779,
author = { Kranti M. Jaybhay, Rajesh V. Argiddi, S. S. Apte },
title = { Stock Market Prediction Model by Combining Numeric and News Textual Mining },
journal = { International Journal of Computer Applications },
issue_date = { November 2012 },
volume = { 57 },
number = { 19 },
month = { November },
year = { 2012 },
issn = { 0975-8887 },
pages = { 16-22 },
numpages = {9},
url = { https://ijcaonline.org/archives/volume57/number19/9222-3779/ },
doi = { 10.5120/9222-3779 },
publisher = {Foundation of Computer Science (FCS), NY, USA},
address = {New York, USA}
}
%0 Journal Article
%1 2024-02-06T21:00:54.082797+05:30
%A Kranti M. Jaybhay
%A Rajesh V. Argiddi
%A S. S. Apte
%T Stock Market Prediction Model by Combining Numeric and News Textual Mining
%J International Journal of Computer Applications
%@ 0975-8887
%V 57
%N 19
%P 16-22
%D 2012
%I Foundation of Computer Science (FCS), NY, USA
Abstract

This paper proposes a novel method for the prediction of stock market closing price. Many researchers have contributed in this area of chaotic forecast in their ways. Data mining techniques can be used more in financial markets to make qualitative decisions for investors. Fundamental and technical analyses are the traditional approaches so far. ANN is a popular way to identify unknown and hidden patterns in data is used for share market prediction. A multilayered feed-forward neural network is built by using combination of data and textual mining. The Neural Network is trained on the stock quotes and extracted key phrases using the Backpropagation Algorithm which is used to predict share market closing price. This paper is an attempt to determine whether the BSE market news in combination with the historical quotes can efficiently help in the calculation of the BSE closing index for a given trading day.

References
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Index Terms

Computer Science
Information Sciences

Keywords

Stock Market Data Mining Artificial Neural Network Back propagation algorithm Key phrases extraction algorithm