American Journal of Business and Operations Research
AJBOR
2692-2967
2770-0216
10.54216/AJBOR
https://www.americaspg.com/journals/show/1095
2018
2018
Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks
University of Al-Qadisiyah, Diwaniyah, Iraq
Salim Sallal Al
Al-Hasnawi
University of Al-Qadisiyah, Diwaniyah, Iraq
Laith Haleem Al
Al-Hchemi
Making stock investment decisions is a complex challenge that investors continuously face. When it comes to an uncertain future, making the wrong decision can result in massive losses. The paper aims to develop an artificial neural networks-based model predicting the closing price of top-six traded industrial ISX-listed stocks, which can guide investment decisions. The sample consisted of daily indexes ISX-released from (332019) to (3132019). Matlab 2014b was used to run artificial neural networks using the nntool software. The model's performance was evaluated using Mean squared error (MSE), Root means squared error (RMSE), and R squared. Empirical results demonstrated the ability and efficiency of artificial neural networks to predict closing prices with high accuracy. As a result, we recommended employing the Artificial Neural Networks model to predict stock prices as well as relying on it to make decisions.
2022
2022
47
55
10.54216/AJBOR.060205
https://www.americaspg.com/articleinfo/1/show/1095