Hong Kong Stock Markets Prediction Using Neural Networks: The Case of HENDERSON LAND Monthly Stock Price

Owing the fact that stock markets is accessible as a significant economic activity, predicting the stock price is considerably regarded.This study aims at evaluating the effectiveness of using ANN (artificial neural network) in predicting stock price movements. Technical and fundamental indicators w...

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Main Author: Wang, Han
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2016
Online Access:https://eprints.nottingham.ac.uk/36592/
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author Wang, Han
author_facet Wang, Han
author_sort Wang, Han
building Nottingham Research Data Repository
collection Online Access
description Owing the fact that stock markets is accessible as a significant economic activity, predicting the stock price is considerably regarded.This study aims at evaluating the effectiveness of using ANN (artificial neural network) in predicting stock price movements. Technical and fundamental indicators were combined as the network inputs, the accurate rate of POCID (Prediction of Change in Direction) and mean profit were evaluated as the main performance indicators. HENDERSON LAND, traded in Hong Kong stock exchange, was used as a case study. The methodology presented could be adapted to other stocks. Data were achieved from Bloomberg, neural network was built by MATLAB. The experiment results was good enough to show the possibility of using ANN to predict the trends of stocks and make profit in real trading. Besides this, two additional experiments were conducted and provided some ideas on how to improve the performance of neural network in the future.
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
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spelling nottingham-365922017-10-19T17:01:45Z https://eprints.nottingham.ac.uk/36592/ Hong Kong Stock Markets Prediction Using Neural Networks: The Case of HENDERSON LAND Monthly Stock Price Wang, Han Owing the fact that stock markets is accessible as a significant economic activity, predicting the stock price is considerably regarded.This study aims at evaluating the effectiveness of using ANN (artificial neural network) in predicting stock price movements. Technical and fundamental indicators were combined as the network inputs, the accurate rate of POCID (Prediction of Change in Direction) and mean profit were evaluated as the main performance indicators. HENDERSON LAND, traded in Hong Kong stock exchange, was used as a case study. The methodology presented could be adapted to other stocks. Data were achieved from Bloomberg, neural network was built by MATLAB. The experiment results was good enough to show the possibility of using ANN to predict the trends of stocks and make profit in real trading. Besides this, two additional experiments were conducted and provided some ideas on how to improve the performance of neural network in the future. 2016-09-14 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/36592/1/Hong%20Kong%20Stock%20Markets%20Prediction%20Using%20Neural%20Networks_%20The%20Case%20of%20HENDERSON%20LAND%20Monthly%20Stock%20Price.pdf Wang, Han (2016) Hong Kong Stock Markets Prediction Using Neural Networks: The Case of HENDERSON LAND Monthly Stock Price. [Dissertation (University of Nottingham only)]
spellingShingle Wang, Han
Hong Kong Stock Markets Prediction Using Neural Networks: The Case of HENDERSON LAND Monthly Stock Price
title Hong Kong Stock Markets Prediction Using Neural Networks: The Case of HENDERSON LAND Monthly Stock Price
title_full Hong Kong Stock Markets Prediction Using Neural Networks: The Case of HENDERSON LAND Monthly Stock Price
title_fullStr Hong Kong Stock Markets Prediction Using Neural Networks: The Case of HENDERSON LAND Monthly Stock Price
title_full_unstemmed Hong Kong Stock Markets Prediction Using Neural Networks: The Case of HENDERSON LAND Monthly Stock Price
title_short Hong Kong Stock Markets Prediction Using Neural Networks: The Case of HENDERSON LAND Monthly Stock Price
title_sort hong kong stock markets prediction using neural networks: the case of henderson land monthly stock price
url https://eprints.nottingham.ac.uk/36592/