Abstract

From numerous approaches studying the prediction of stock price, this paper proposed a new approach which was the combination of RBF neural network and Markov chain to forecast the stock closing price of the Shanghai composite index. Markov chain was aimed at making the error between the actual price and predicted price obtained by RBF neural network correct. Besides, for higher prediction accuracy, genetic algorithm was used to optimize the state division of Markov chain. The experimental result confirmed its effectiveness and superiority in comparison with the other two methods in some time interval.

Full Text
Paper version not known

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.