Hilmi, M.Z.B. and Mahmood, A.K. and Moin, A. and Anwar, T. and Sutrisno, S. (2021) Share Buyback Prediction using LSTM on Malaysian Stock Market. In: UNSPECIFIED.
Full text not available from this repository.Abstract
Share buyback is a strategy for companies to repurchase their outstanding shares to reduce the number of shares from the open markets. With buyback, it indirectly increases the shares proportion and earning per shares (EPS) of a company. The aim of this study is to investigate the trend of share buyback strategy, and to design a simple prediction model for stock market price movement before initiating any buyback action. This study finds the use of Long Short-Term Memory (LSTM) as prediction algorithm has demonstrated that stock market price movement can be predicted using associated stock indicators, namely MACD and RSI which have an impact to the stock market price movement. The study also finds that the Open parameter based on the MAE, MSE and RMSE have been found to be the lowest value as compared to High , Low and Close parameters. © 2021 IEEE.
Item Type: | Conference or Workshop Item (UNSPECIFIED) |
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Additional Information: | cited By 0; Conference of 6th International Conference on Computer and Information Sciences, ICCOINS 2021 ; Conference Date: 13 July 2021 Through 15 July 2021; Conference Code:170762 |
Uncontrolled Keywords: | Commerce; Financial markets; Forecasting; Long short-term memory; Predictive analytics, Earning per shares; Malaysians; Open market; Outstanding shares; Prediction algorithms; Prediction model; Stock indicators; Stock market prices, Electronic trading |
Depositing User: | Mr Ahmad Suhairi UTP |
Date Deposited: | 10 Nov 2023 03:29 |
Last Modified: | 10 Nov 2023 03:29 |
URI: | https://khub.utp.edu.my/scholars/id/eprint/14704 |