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Stock Price Prediction based on Finance Related News using NLP, LASSO and ARIMAX

Kalva Sudhakar *, S. Naganjaneyulu **

* Department of Computer Science and Engineering, Jawaharlal Nehru Technological University, Kakinada, Andhra Pradesh, India.

** Department of Information Technology, Lakireddy Bali Reddy College of Engineering, Krishna, Andhra Pradesh, India.

Periodicity:April - June'2020
DOI : https://doi.org/10.26634/jse.14.4.17661

Abstract

Stock trends in the finance sector are particularly critical and unpredictable in nature. In recent years, it has attracted the attention of researchers to study the patterns on its uncertainty for better forecasting. Stock trends are used in order to help investors and industry analysts evaluate market behaviour and prepare their investment strategies accordingly. There are many influences driving stock trends, one of which is daily news releases. In order to allow investors to make good trading decisions before making actual investments, it is important to thoroughly predict the impact. The aim of this paper is to merge the traditional numerical stock prediction model which is designed by using LASSO and ARIMAX with related financial news analysis. To process the huge amount of news dataset Mahout and map reduce estimating algorithm has been used, and executed on Hadoop to get faster results. Our results show that the learning model based on numerical features and NLP features using historical prices has shown the best performance.

Keywords

Stock Markets, Share Prices, Text Mining, Decision Making, NLP, Mahout, Hadoop, Map Reduce, Predictive Models, Text Analysis.

How to Cite this Article?

Sudhakar, K., and Naganjaneyulu, S. (2020). Stock Price Prediction based on Finance Related News using NLP, LASSO and ARIMAX. i-manager's Journal on Software Engineering, 14(4), 11-19. https://doi.org/10.26634/jse.14.4.17661

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	North Americas,UK, Middle East,Europe		India	Rest of world
	USD	EUR	INR	USD-ROW
Pdf	35	35	200	20
Online	35	35	200	15
Pdf & Online	35	35	400	25

Stock Price Prediction based on Finance Related News using NLP, LASSO and ARIMAX

Abstract

Keywords

How to Cite this Article?

References

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