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Machine learning-driven stock price prediction for enhanced investment strategy

International Journal of Electrical and Computer Engineering (IJECE) · Vol. 14 No. 5 (2024)

DOI
10.11591/ijece.v14i5.pp5884-5893
ISSN
2722-2578, 2088-8708
Published
2024-10-01
Publisher
Institute of Advanced Engineering and Science
License
creativecommons.org/licenses/by-sa/4.0

Abstract

Forecasting stock prices, a task complicated by the inherent volatility of the stock market, poses a significant challenge. The ability to accurately forecast stock prices is crucial, as it provides investors with crucial insights, enabling them to make informed strategic decisions. In this paper, we propose a novel investment strategy that relies on predicting stock prices. Our approach utilizes a hybrid predictive model that combines light gradient-boosting machine (LightGBM) and extreme gradient boosting (XGBoost). This model is designed to generate short to medium-term forecasts for a wide range of stocks. The strategy has shown promising results, surpassing the local market indices used as benchmarks in terms of both risk and return. Our findings demonstrate the strategy's effectiveness in both upward and downward market trends, underscoring its potential as a robust tool for portfolio management in diverse market conditions.

Collaboration network of the authors

12 authors · 30 co-authorship links · 12 across different organisations

Hover or tap a name to highlight its co-authors. Double-click to open the author's page.

  • Mohammed V University
  • Mohamed I University
  • Different organisations
  • Same organisation
  • Affiliation unknown
  • Thicker line = more joint articles · bigger circle = more articles
Show as table
Co-authorOrganisationJoint articles
Nadia SlimaniMohammed V University2
Nawal SbitiMohammed V University2
Ikram AbourahimMohammed V University2
Mohsine EleuldjMohammed V University2
Ilham SlimaniMohamed I University1
Saïd AchchabMohammed V University1
Mohammed SaberMohamed I University1
Ilhame El FarissiMohamed I University1
Siham YousfiMohammed V University1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

This record comes from Crossref (what the publisher deposited), because the journal's own OAI-PMH endpoint could not be harvested.

Metadata source: Crossref API (cadangan, berdasarkan ISSN) https://api.crossref.org/journals/2088-8708/works, first harvested 27 Okt 2026, last seen 27 Okt 2026.
Metadata as oai_dc, converted from Crossref
<oai_dc:dc xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/"><dc:title>Machine learning-driven stock price prediction for enhanced investment strategy</dc:title><dc:creator>Guennioui, Omaima</dc:creator><dc:creator>Chiadmi, Dalila</dc:creator><dc:creator>Amghar, Mustapha</dc:creator><dc:description>&lt;jats:p&gt;Forecasting stock prices, a task complicated by the inherent volatility of the stock market, poses a significant challenge. The ability to accurately forecast stock prices is crucial, as it provides investors with crucial insights, enabling them to make informed strategic decisions. In this paper, we propose a novel investment strategy that relies on predicting stock prices. Our approach utilizes a hybrid predictive model that combines light gradient-boosting machine (LightGBM) and extreme gradient boosting (XGBoost). This model is designed to generate short to medium-term forecasts for a wide range of stocks. The strategy has shown promising results, surpassing the local market indices used as benchmarks in terms of both risk and return. Our findings demonstrate the strategy's effectiveness in both upward and downward market trends, underscoring its potential as a robust tool for portfolio management in diverse market conditions.&lt;/jats:p&gt;</dc:description><dc:publisher>Institute of Advanced Engineering and Science</dc:publisher><dc:date>2024-10-01</dc:date><dc:type>info:eu-repo/semantics/article</dc:type><dc:format>application/pdf</dc:format><dc:identifier>https://doi.org/10.11591/ijece.v14i5.pp5884-5893</dc:identifier><dc:identifier>10.11591/ijece.v14i5.pp5884-5893</dc:identifier><dc:source>International Journal of Electrical and Computer Engineering (IJECE); Vol 14 No 5 (2024); 5884</dc:source><dc:source>2722-2578</dc:source><dc:source>2088-8708</dc:source><dc:relation>https://ijece.iaescore.com/index.php/IJECE/article/viewFile/36026/17725</dc:relation><dc:rights>http://creativecommons.org/licenses/by-sa/4.0</dc:rights></oai_dc:dc>