Predicting Stock Prices Using Data Mining Technique

The stock market, for a long time, has been known as a complicated yet captivating system. It is a mainstream investment platform for both beginners and financially savvy people to grow and hold their assets. While it remains a good way to earn profit, the stock market is often considered as one of...

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Main Authors: Thuy, Nguyen Thi Thu, Thi-Lich, Nghiem
Format: Article
Language:English
English
Published: INTI International University 2023
Subjects:
Online Access:http://eprints.intimal.edu.my/1777/
http://eprints.intimal.edu.my/1777/1/ij2023_35r.pdf
http://eprints.intimal.edu.my/1777/2/99
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author Thuy, Nguyen Thi Thu
Thi-Lich, Nghiem
author_facet Thuy, Nguyen Thi Thu
Thi-Lich, Nghiem
author_sort Thuy, Nguyen Thi Thu
building INTI Institutional Repository
collection Online Access
description The stock market, for a long time, has been known as a complicated yet captivating system. It is a mainstream investment platform for both beginners and financially savvy people to grow and hold their assets. While it remains a good way to earn profit, the stock market is often considered as one of the risky approaches, mostly due to the nature of the field, and an enormous number of various factors that not often welcome the naïve investors. Therefore, the demand for using a tool that can support us on an overall view of the market trends, facilitating the financial analysis and strategies to identify the optimal time to purchase stocks and the actual stocks to purchase has risen for many years recently. In this study, we focus on using data mining techniques that can support investors in predicting the stock price with existing data from previous phrases. Given data is taken from Yahoo Finance within the 7-year period from 2015-2022. This data will be used to train the algorithms, then we can decide which one is the most suitable for the data mining tools to give the best suggestions for investors.
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spelling intimal-17772025-07-24T05:42:57Z http://eprints.intimal.edu.my/1777/ Predicting Stock Prices Using Data Mining Technique Thuy, Nguyen Thi Thu Thi-Lich, Nghiem HA Statistics HG Finance QA75 Electronic computers. Computer science The stock market, for a long time, has been known as a complicated yet captivating system. It is a mainstream investment platform for both beginners and financially savvy people to grow and hold their assets. While it remains a good way to earn profit, the stock market is often considered as one of the risky approaches, mostly due to the nature of the field, and an enormous number of various factors that not often welcome the naïve investors. Therefore, the demand for using a tool that can support us on an overall view of the market trends, facilitating the financial analysis and strategies to identify the optimal time to purchase stocks and the actual stocks to purchase has risen for many years recently. In this study, we focus on using data mining techniques that can support investors in predicting the stock price with existing data from previous phrases. Given data is taken from Yahoo Finance within the 7-year period from 2015-2022. This data will be used to train the algorithms, then we can decide which one is the most suitable for the data mining tools to give the best suggestions for investors. INTI International University 2023-08 Article PeerReviewed text en cc_by_4 http://eprints.intimal.edu.my/1777/1/ij2023_35r.pdf text en cc_by_4 http://eprints.intimal.edu.my/1777/2/99 Thuy, Nguyen Thi Thu and Thi-Lich, Nghiem (2023) Predicting Stock Prices Using Data Mining Technique. INTI JOURNAL, 2023 (35). pp. 1-6. ISSN e2600-7320 https://intijournal.intimal.edu.my
spellingShingle HA Statistics
HG Finance
QA75 Electronic computers. Computer science
Thuy, Nguyen Thi Thu
Thi-Lich, Nghiem
Predicting Stock Prices Using Data Mining Technique
title Predicting Stock Prices Using Data Mining Technique
title_full Predicting Stock Prices Using Data Mining Technique
title_fullStr Predicting Stock Prices Using Data Mining Technique
title_full_unstemmed Predicting Stock Prices Using Data Mining Technique
title_short Predicting Stock Prices Using Data Mining Technique
title_sort predicting stock prices using data mining technique
topic HA Statistics
HG Finance
QA75 Electronic computers. Computer science
url http://eprints.intimal.edu.my/1777/
http://eprints.intimal.edu.my/1777/
http://eprints.intimal.edu.my/1777/1/ij2023_35r.pdf
http://eprints.intimal.edu.my/1777/2/99