Prediction of Stock Prices Using Markov Chain Monte Carlo

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

1 Citation (Scopus)

Abstract

Financial sector investment is an activity that attract a lot of public interest. One of them is investing funds in purchase company's shares. Stocks are proof of ownership of a company or business entity. Stocks are an attractive investment and quite challenging because they can provide large profits for investors if they predict correctly. Basically peoples buy stocks for long-Term investment to get profit from dividend, but there are also investors who want to get benefit from buying and selling stock prices in the short-Term periods. Predicting of stock prices become an attractive and challenges because it can be easy and hard based on fundamental and technical analysis. Apply Bayesian inference to create prediction model and Markov Chain Monte Carlo (MCMC) to generate predicted data. By mathematically predicting stock prices become more challenges, and spending much time to compute. But with parallel computing on Apache Spark requires less time.

Original languageEnglish
Title of host publicationCENIM 2020 - Proceeding
Subtitle of host publicationInternational Conference on Computer Engineering, Network, and Intelligent Multimedia 2020
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages385-390
Number of pages6
ISBN (Electronic)9781728182834
DOIs
Publication statusPublished - 17 Nov 2020
Event2020 International Conference on Computer Engineering, Network, and Intelligent Multimedia, CENIM 2020 - Virtual, Surabaya, Indonesia
Duration: 17 Nov 202018 Nov 2020

Publication series

NameCENIM 2020 - Proceeding: International Conference on Computer Engineering, Network, and Intelligent Multimedia 2020

Conference

Conference2020 International Conference on Computer Engineering, Network, and Intelligent Multimedia, CENIM 2020
Country/TerritoryIndonesia
CityVirtual, Surabaya
Period17/11/2018/11/20

Keywords

  • Apache Spark
  • Bayesian Inference
  • Bayesian Statistics
  • MCMC
  • Stock

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