American Journal of Business and Operations Research

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American Journal of Business and Operations Research

Volume 6 , Issue 2 , PP: 47-55, 2022 | Cite this article as | XML | Html | PDF

Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks

Salim Sallal Al-Hasnawi 1 * , Laith Haleem Al-Hchemi 2

  • 1 University of Al-Qadisiyah, Diwaniyah, Iraq - (salimsalim125@yahoo.com)
  • 2 University of Al-Qadisiyah, Diwaniyah, Iraq - (laithhaleem95@gmail.com)
  • Doi: https://doi.org/10.54216/AJBOR.060205

    Received: February 22, 2022 Accepted: April 23, 2022
    Abstract

    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 (3/3/2019) to (31/3/2019). 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.

    Keywords :

    ANN , Stocks , Close Price , Prediction , Investment , ISX

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    Cite This Article As :
    Sallal, Salim. , Haleem, Laith. Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks. Journal of American Journal of Business and Operations Research, vol. 6, no. 2, 2022, pp. 47-55. DOI: https://doi.org/10.54216/AJBOR.060205
    Sallal, S. Haleem, L. (2022). Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks. Journal of American Journal of Business and Operations Research, 6( 2), 47-55. DOI: https://doi.org/10.54216/AJBOR.060205
    Sallal, Salim. Haleem, Laith. Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks. Journal of American Journal of Business and Operations Research 6, no. 2 (2022): 47-55. DOI: https://doi.org/10.54216/AJBOR.060205
    Sallal, S. , Haleem, L. (2022) . Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks. Journal of American Journal of Business and Operations Research , 6( 2) , 47-55 . DOI: https://doi.org/10.54216/AJBOR.060205
    Sallal S. , Haleem L. [2022]. Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks. Journal of American Journal of Business and Operations Research. 6( 2): 47-55. DOI: https://doi.org/10.54216/AJBOR.060205
    [1] Sallal, S. [2] Haleem, L. "Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks," Journal of American Journal of Business and Operations Research, vol. 6, no. 2, pp. 47-55, 2022. DOI: https://doi.org/10.54216/AJBOR.060205