Title :
Automated neural-ware system for stock market prediction
Author_Institution :
Sch. of Eng., Monash Univ.
Abstract :
This article uses neural networks in forecasting stock market prices. With their ability to discover patterns in nonlinear and chaotic systems, neural networks offer the ability to predict market directions more accurately than current techniques such as technical analysis, fundamental analysis, and regression compared with neural network performance. Proposed intelligent stock market prediction system is based on the quantitative and qualitative factors. Three feedforward neural models can be used to analyze these factors. Input data to the neural network proposed are quantitative factors. Input data to the neural network proposed for qualitative factors can be factors related to the political effect considered. Third neural network consists of decision integration in which input data will be the outputs of above-mentioned neural networks. This facilitates to make right decision whether stock market is influenced by quantitative or qualitative factors
Keywords :
feedforward neural nets; forecasting theory; pricing; stock markets; chaotic system; feedforward neural model; neural network; neural-ware system; nonlinear system; stock market prediction; Artificial neural networks; Chaos; Economic forecasting; Investments; Neural networks; Pattern analysis; Performance analysis; Predictive models; Stock markets; Time series analysis;
Conference_Titel :
Cybernetics and Intelligent Systems, 2004 IEEE Conference on
Conference_Location :
Singapore
Print_ISBN :
0-7803-8643-4
DOI :
10.1109/ICCIS.2004.1460755