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Stock Market Analysis and Prediction Using ARIMA, Facebook Prophet, and Stacked Long Short-Term Memory Recurrent Neural Network

Stock Market Analysis and Prediction Using ARIMA, Facebook Prophet, and Stacked Long Short-Term Memory Recurrent Neural Network
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Author(s): Parvathi R (Vellore Institute of Technology, Chennai, India)and Xiaohui Yuan (University of North Texas, USA)
Copyright: 2023
Pages: 19
Source title: Scalable and Distributed Machine Learning and Deep Learning Patterns
Source Author(s)/Editor(s): J. Joshua Thomas (UOW Malaysia KDU Penang University College, Malaysia), S. Harini (Vellore Institute of Technology, India)and V. Pattabiraman (Vellore Institute of Technology, India)
DOI: 10.4018/978-1-6684-9804-0.ch007

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Abstract

Stock analysis involves comparing a company's current financial statement to its financial statements in previous years to give an investor a sense of whether the company is growing, stable, or deteriorating. Stock market analysis helps in getting insights into a company's stock and to make better decisions in buying or selling shares in the stock market. This chapter proposes a method to analyze and predict stock market prices based on historical data of 4 MNCs namely, Amazon, Apple, Google, and Microsoft. The prediction is implemented using three models; namely, ARIMA model, Facebook's Prophet model, and lastly a self-constructed, stacked LSTM model. The results of the three models are compared and analyzed. Mean absolute error is used to analyze the performance of the models on real-time test data. The minimum loss achieved by Facebook Prophet Model is 2.445, by ARIMA Model is 10.782, and the Stacked LSTM Model achieved a minimum loss of 6.552.

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