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
Link To Document