International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064

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Research Paper | Chemistry | India | Volume 4 Issue 7, July 2015

Artificial Neural Network (ANN) for Stock Market Predictions

Dr. Sunil Kumar Dhal [2]

Abstract: Artificial neural networks are universal and highly flexible function approximations first used in the fields of cognitive science and engineering. In recent years, neural network applications in finance for such tasks as pattern recognition, classification, and time series forecasting have dramatically increased. However, the large number of parameters that must be selected to develop a neural network forecasting model have meant that the design process still involves much trial and error. Neural Network is a challenging and daunting task to find out which is more effective and accurate method for stock rate prediction so that a buy or sell signal can be generated for given stocks. Predicting stock index with traditional time series analysis has proven to be difficult an Artificial Neural network may be suitable for the task. A Neural Network has the ability to extract useful information from large set of data. This paper presents an application of Artificial Neural Network for stock market predictions and is very useful for predicting world stock markets.

Keywords: Artificial Neural Network, Stock Index, Prediction

Edition: Volume 4 Issue 7, July 2015,

Pages: 1655 - 1658

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How to Cite this Article?

Dr. Sunil Kumar Dhal, "Artificial Neural Network (ANN) for Stock Market Predictions", International Journal of Science and Research (IJSR), Volume 4 Issue 7, July 2015, pp. 1655-1658,

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