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Univariate and Multivariate LSTM Model for Short-Term Stock Market Prediction

arXiv 2205.06673 ↗First posted 8 May 2022q-fin.ST cs.AI cs.LGcited by 0

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Abstract (arXiv)

Designing robust and accurate prediction models has been a viable research area since a long time. While proponents of a well-functioning market predictors believe that it is difficult to accurately predict market prices but many scholars disagree. Robust and accurate prediction systems will not only be helpful to the businesses but also to the individuals in making their financial investments. This paper presents an LSTM model with two different input approaches for predicting the short-term stock prices of two Indian companies, Reliance Industries and Infosys Ltd. Ten years of historic data (2012-2021) is taken from the yahoo finance website to carry out analysis of proposed approaches. In the first approach, closing prices of two selected companies are directly applied on univariate LSTM model. For the approach second, technical indicators values are calculated from the closing prices and then collectively applied on Multivariate LSTM model. Short term market behaviour for upcoming days is evaluated. Experimental outcomes revel that approach one is useful to determine the future trend but multivariate LSTM model with technical indicators found to be useful in accurately predicting the future price behaviours.

Key facts. No citing papers in the map yet (data through 14 Oct 2026). Builds on 1 of its 25 references that are in the map. First posted on arXiv 8 May 2022.

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References · 1

  1. 2020Applications of deep learning in stock market prediction: recent progresscited by 51

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