Title :
Financial forecasting by improved fragmentation algorithm of Granular Fragment based mining
Author :
Patil, Suhas ; Argiddi, Rajesh ; Apte, Sulabha
Author_Institution :
Comput. Sci. Dept., Walchand Inst. of Technol., Solapur, India
Abstract :
Many algorithms of the existing methods are used for stock predictions. Most of stock predictions use static stored data for their analysis of algorithms. JStock framework is implemented as was proposed earlier to analyze improved fragmentation algorithm using dynamic online live data. Open source software is used for implementation which uses yahoo finance and Google finance for extraction of data and displaying the results. In this paper the implementation of JStock framework is discussed. The improved Fragmentation algorithm and its usage removed all previous disadvantages of using static data. JStock is open source software which has a legal way of extracting data from yahoo finance. The extracted data then has been processed by fragmentation algorithm of granular based inter-transactions associations and comparisons of various indicators are also done. The data is then successfully shown in Bar Charts and Pie charts to check the maximum profit in Stock Exchange of specific company. This implementation can be used for any companies all over the world. Different Indian sector companies are used for results and analysis. The results are very simple and can be used very easily for every newbie in Stock Market. The framework can be further used for newly proposed algorithms for more accurate and precise results for Stock predictions, which is otherwise very much fluctuating and highly unpredictable. The stream of data can be used for big data analytics too for all financial companies.
Keywords :
Big Data; bar charts; data mining; stock markets; Google finance; JStock framework; Yahoo finance; bar charts; big data analytics; dynamic online live data; financial forecasting; granular fragment based mining; improved fragmentation algorithm; open source software; pie charts; static stored data; stock market; stock predictions; Algorithm design and analysis; Companies; Data mining; Indexes; Prediction algorithms; Software algorithms; Stock markets; Algorithm analysis; Application Software; Association mining; Data Stream; Framework; Open Source Software Fragment Based Mining; Stock Data;
Conference_Titel :
Pervasive Computing (ICPC), 2015 International Conference on
Conference_Location :
Pune
DOI :
10.1109/PERVASIVE.2015.7087137