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Record W4390674636 · doi:10.1016/j.heliyon.2024.e24123

How effective is machine learning in stock market predictions?

2024· article· en· W4390674636 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

aboutThe title or abstract carries a Canadian signal from the geographic lexicon.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueHeliyon · 2024
Typearticle
Languageen
FieldDecision Sciences
TopicStock Market Forecasting Methods
Canadian institutionsnot available
Fundersnot available
KeywordsStock marketMachine learningArtificial intelligenceEconomicsComputer scienceData scienceGeography

Abstract

fetched live from OpenAlex

In this study, it is aimed to compare the performances of the algorithms by predicting the movement directions of stock market indexes in developed countries by employing machine learning algorithms (MLMs) and determining the best estimation algorithm. For this purpose, the movement directions of indexes such as the NYSE 100 (the USA), NIKKEI 225 (Japan), FTSE 100 (the UK), CAC 40 (France), DAX 30 (Germany), FTSE MIB (Italy), and TSX (Canada) were estimated by employing the decision tree, random forest k-nearest neighbor, naive Bayes, logistic regression, support vector machines and artificial neural network algorithms. According to the results obtained, artificial neural networks were found to be the best algorithm for NYSE 100, FTSE 100, DAX 30 and FTSE MIB indices, while logistic regression was determined to be the best algorithm for the NIKKEI 225, CAC 40, and TSX indices. The artificial neural networks, which exhibited the highest average prediction performance, have been determined as the best prediction algorithm for the stock market indices of developed countries. It was also noted that artificial neural networks, logistic regression, and support vector machines algorithms were capable of predicting the directional movements of all indices with an accuracy rate of over 70 %.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.007
metaresearch head score (Gemma)0.012
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMetaresearch, Insufficient payload (model declined to judge)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Other design · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.911
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0070.012
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.002
Science and technology studies0.0000.000
Scholarly communication0.0010.000
Open science0.0000.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.063
GPT teacher head0.380
Teacher spread0.317 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it