• DocumentCode
    295839
  • Title

    Forecasting the KLSE index using neural networks

  • Author

    Yao, Jingtao ; Poh, Hean-Lee

  • Author_Institution
    Dept. of Inf. Syst. & Comput. Sci., Nat. Univ. of Singapore, Singapore
  • Volume
    2
  • fYear
    1995
  • fDate
    Nov/Dec 1995
  • Firstpage
    1012
  • Abstract
    In this paper, based on the rescaled range analysis, the indices of Kuala Lumpur Stock Exchange (KLSE) are predicted by the popularly used backpropagation neural network. The choice of KLSE is an interesting one, as KLSE is one of the largest stock markets in the emerging economies in terms of capitalization. Using different trading strategies, a significant paper profit can be achieved by purchasing indexed stocks in the respective proportions. The experiment shows that useful predictions can be made without the use of extensive market data or knowledge
  • Keywords
    backpropagation; financial data processing; forecasting theory; neural nets; stock markets; Kuala Lumpur Stock Exchange; backpropagation neural network; forecasting; indexed stocks; paper profit; rescaled range analysis; stock markets; Application software; Artificial neural networks; Backpropagation; Computer networks; Computer science; Economic forecasting; Information systems; Neural networks; Stock markets; Technology forecasting;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Neural Networks, 1995. Proceedings., IEEE International Conference on
  • Conference_Location
    Perth, WA
  • Print_ISBN
    0-7803-2768-3
  • Type

    conf

  • DOI
    10.1109/ICNN.1995.487559
  • Filename
    487559