• DocumentCode
    1730377
  • Title

    Stock market prediction using different neural network classification architectures

  • Author

    Schierholt, Karsten ; Dagli, Cihan H.

  • Author_Institution
    Dept. of Eng. Manage., Missouri Univ., Rolla, MO, USA
  • fYear
    1996
  • Firstpage
    72
  • Lastpage
    78
  • Abstract
    In recent years, many attempts have been made to predict the behavior of bonds, currencies, stocks, or stock markets. The Standard and Poors 500 Index is modeled using different neural network classification architectures. Most previous experiments used multilayer perceptrons for stock market forecasting. A multilayer perceptron architecture and a probabilistic neural network are used to predict the incline, decline, or steadiness of the index. The results of trading with the advice given by the network is then compared with the maximum possible performance and the performance of the index. Results show that both networks can be trained to perform better than the index, with the probabilistic neural network performing slightly better than the multi layer perceptron
  • Keywords
    financial data processing; forecasting theory; multilayer perceptrons; neural net architecture; pattern classification; probability; stock markets; Poors 500 Index; maximum possible performance; multilayer perceptrons; neural network classification architectures; probabilistic neural network; stock market forecasting; stock market prediction; Chaos; Economic forecasting; Exchange rates; Multi-layer neural network; Multilayer perceptrons; Neural networks; Portfolios; Predictive models; Research and development management; Stock markets;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Intelligence for Financial Engineering, 1996., Proceedings of the IEEE/IAFE 1996 Conference on
  • Conference_Location
    New York City, NY
  • Print_ISBN
    0-7803-3236-9
  • Type

    conf

  • DOI
    10.1109/CIFER.1996.501826
  • Filename
    501826