Abstract

The use of artificial intelligence (AI) techniques for stock market prediction has gained increasing attention in recent years, and the Indian stock market is no exception. In this paper, we present a comparative study of three AI techniques, namely, Artificial Neural Networks (ANNs), Support Vector Machines (SVMs), and Random Forests (RFs), for Indian stock market prediction. The study is based on historical data of the National Stock Exchange (NSE) Nifty 50 index from 2000 to 2021. The performance of the techniques is evaluated using various metrics such as Mean Absolute Error (MAE), Mean Squared Error (MSE), Root Mean Squared Error (RMSE), and Directional Accuracy (DA). Our results show that ANNs outperform both SVMs and RFs in terms of prediction accuracy and DA for the Indian stock market.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.