The study’s objective is to justify the use of the ANN for the short-term prediction of share prices, particularly in the banking sector. The assumption is that financial share time-series contain significant non-linearity and that the ANN can be utilized effectively. The ANN model is compared with a linear regression model. Non-linearity is shown by deduction via a comparison of experimental results using the ANN and linear regression models. The experiments are based on actual monthly (four-week) period datasets, and the performance of the models is formally evaluated. The conclusions are positive but not conclusive possibly due to the limitations of the data set.
|Title of host publication||Proceedings of UKSim 14th International Conference on Computer Modelling and Simulation|
|Editors||David Al-Dabass, Alessandra Orsoni, Richard Cant|
|Place of Publication||Piscataway, NJ|
|Number of pages||674|
|Publication status||Published - 2013|