Prediction of Stock Market Index Movement by Ten Data Mining Techniques

@inproceedings{Ou2009PredictionOS,
  title={Prediction of Stock Market Index Movement by Ten Data Mining Techniques},
  author={Phichhang Ou and Hengshan Wang},
  year={2009}
}
Ability to predict direction of stock/index price accurately is crucial for market dealers or investors to maximize their profits. Data mining techniques have been successfully shown to generate high forecasting accuracy of stock price movement. Nowadays, in stead of a single method, traders need to use various forecasting techniques to gain multiple signals and more information about the future of the markets. In this paper, ten different techniques of data mining are discussed and applied to… CONTINUE READING
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