Gain Comparison between NIFTY and Selected Stocks identified by SOM using Technical Indicators

Journal Title: IOSR Journals (IOSR Journal of Computer Engineering) - Year 2013, Vol 14, Issue 2

Abstract

 The main aim of every investor is to identify a stock that has potential to go up so that the investor can maximize possible returns on investment. After identification of stock the second important point of decisionmaking is the time to make entry in that particular stock so that investor can get maximum returns on investment in short period of time. There are many conventional techniques being used and these include technical and fundamental analysis. The main issue with any approach is the proper weighting of criteria to obtain a list of stocks that are suitable for investments. This paper proposes a method for stock picking and finding entry point of investment in stocks using a hybrid method consisting of self-organizing maps and selected technical indicators. The stocks selected using our method has given 37.14% better returns in a period of one and a half month in comparison to NIFTY

Authors and Affiliations

Dr. Asif Khan

Keywords

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  • EP ID EP87917
  • DOI -
  • Views 142
  • Downloads 0

How To Cite

Dr. Asif Khan (2013).  Gain Comparison between NIFTY and Selected Stocks identified by SOM using Technical Indicators. IOSR Journals (IOSR Journal of Computer Engineering), 14(2), 17-22. https://europub.co.uk/articles/-A-87917