Recommendations for predicting stock prices?

AI Discussions
1

Hi all,

Do you have any recommendations for using ML models such as Deep Neural Networks or Recurrent Neural Networks such as LSTM to predict stock prices? Thanks!

David

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2

Hi @David_Park

Absolutely, both Deep Neural Networks and Recurrent Neural Networks can be used for predicting stock prices.

Check this articles. it might be helpful on your project:

Applicability of Deep Learning Models for Stock Price Forecasting An Empirical Study on BANKEX Data - ScienceDirect

Stock price prediction based on deep neural networks | Neural Computing and Applications (springer.com)

A Review of Deep Learning with Recurrent Neural Network | IEEE Conference Publication | IEEE Xplore

However, it’s important to note that while these models can be powerful tools, they do not guarantee accurate predictions every time. The stock market is influenced by a multiple ofactors, many of which are difficult to quantify and predict. Therefore, these models should be used as part of a broader strategy for stock price prediction.

I hope this help

Best regards

3

Funny thing about this general topic:

Those who have figured out how to do it accurately never talk about the method they use.

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4

Since I see you have two threads on the same topic, I’ll close this one.
The other thread has a lot more detail.

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