Application of Machine Learning Algorithm in Indian Stock Market Data
Journal Title: IOSR Journals (IOSR Journal of Computer Engineering) - Year 2014, Vol 16, Issue 3
Abstract
Abstract: Prediction of Indian stock market data with data mining technique is one of the fascinating issues for researchers over the past decade. Statistical and traditional methods are no longer feasible for proper analysis of huge amount of data. With the help of Data mining technique information technology tool , it is able to uncover hidden patterns and predict future trends and behavior in stock market. In this paper there are combination of four supervised machine learning algorithms, classification and regression tree (CART), linear discriminant analysis (LDA) and quadratic discriminant analysis (QDA) are proposed for classification of Indian stock market data. These resulted forms help market analyst to make decision on selling, purchasing or holding stock for a particular company in Indian stock market. In section IV and V, experimental results and performance comparison section show that classification and regression tree misclassification rate is only 56.11% whereas LDA and QDA show 74.26% and 76.57% respectively. Smaller misclassification reveals that CART algorithm performs better classification of Indian stock market data as compared to LDA and QDA algorithms.
Authors and Affiliations
Sanjaya kumar Sen , Dr. Subhendu kumar Pani
Keywords
Related Articles
- EP ID EP162832
- DOI 10.9790/0661-16320610
- Views 92
- Downloads 0
Moving object detection in the real world video
Detecting moving objects using stationary cameras has been responsible for reducing the reliability of many computer vision algorithms, including segmentation, object detection, scene analysis, stereo, tracking,...
Implementing bigdata analytics for small and medium enterprise (SME) regional growth
Abstract: In all economies, especially in developing and transition economies, there is now a consensus among state policy makers, development economists as well as international development partners that small andmedium...
Steganography Technique of Sending Random Passwords on Receiver’s Mobile (A New Technique to Hide Information File with an Image
Steganography is the art of hiding the fact that communication is taking place, by hiding information in other information. There are many application of Steganography with different carrier file format. Here we...
Fault Discovery Probability Analysis for Software Reliability Estimation
Abstract: Software reliability approximation and testing gauge how efficiently software works and meet up the end-user necessities. Software reliability assurance that users can enter the correct information on a day-to-...
Security Evaluation of Google Chrome Operating System
Abstract: Due to the increase nature of computer threats and attacks, the security of the operating system isparamount in the computing world today. Every modern computer system, from network servers, workstationde...