Journal of Sustainable Development and Green Technology
JSDGT
10.54216/JSDGT
https://www.americaspg.com/journals/show/2433
2022
2022
Enhancing Business Sustainability through Stock Analysis: A Machine Learning Approach
University of Sharjah, UAE; Faculty of Commerce, Mansoura University, Egypt
Noura
Metawa
Faculty of Commerce, Mansoura University, Egypt
Saad
Metawa
This study explores the integration of machine learning methodologies in stock analysis to enhance the understanding of the relationship between sustainable business practices and financial performance. Against the backdrop of a shifting investment landscape that emphasizes responsible and informed decision-making, our research addresses the need for innovative approaches in evaluating stocks within a sustainability framework. Leveraging a combination of Density-Based Spatial Clustering of Applications with Noise (DBSCAN) and linear regression, we systematically analyze a dataset comprising sustainability metrics and stock performance. The DBSCAN clustering identifies distinct groups of stocks based on sustainability profiles, offering novel insights into market segmentation. Concurrently, linear regression models quantitatively reveal the impact of sustainability metrics on stock outcomes. The results affirm the significance of sustainability considerations in investment decisions, presenting a compelling case for the adoption of machine learning techniques in responsible investing strategies.
2024
2024
29
35
10.54216/JSDGT.040104
https://www.americaspg.com/articleinfo/38/show/2433