Machine learning techniques and use of event information for stock market prediction: A survey and evaluation

Paul D. Yoo, Maria H. Kim, Tony Jan

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

89 Citations (Scopus)

Abstract

This paper surveys machine learning techniques for stock market prediction. The prediction of stock markets is regarded as a challenging task of financial time series prediction. In this paper, we present recent developments in stock market prediction models, and discuss their advantages and disadvantages. In addition, we investigate various global events and their issues on predicting stock markets. From this survey, we found that incorporating event information with prediction model plays very important roles for more accurate prediction. Hence, an accurate event weighting method and a stable automated event extraction system are required to provide better performance in financial time series prediction.

Original languageEnglish
Title of host publicationProceedings - International Conference on Computational Intelligence for Modelling, Control and Automation, CIMCA 2005 and International Conference on Intelligent Agents, Web Technologies and Interne
Pages835-841
Number of pages7
Publication statusPublished - 2005
Externally publishedYes
EventInternational Conference on Computational Intelligence for Modelling, Control and Automation, CIMCA 2005 and International Conference on Intelligent Agents, Web Technologies and Internet Commerce, IAWTIC 2005 - Vienna, Austria
Duration: 28 Nov 200530 Nov 2005

Publication series

NameProceedings - International Conference on Computational Intelligence for Modelling, Control and Automation, CIMCA 2005 and International Conference on Intelligent Agents, Web Technologies and Internet
Volume2

Conference

ConferenceInternational Conference on Computational Intelligence for Modelling, Control and Automation, CIMCA 2005 and International Conference on Intelligent Agents, Web Technologies and Internet Commerce, IAWTIC 2005
Country/TerritoryAustria
CityVienna
Period28/11/0530/11/05

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