Recommending buy/sell in brazilian stock market through long short-term memory

This work aims to evaluate the accuracy of Long Short-Term Memory Neural Networks to recommend Buy/Sell signals of some Brazilian Stock Market Blue Chips. The population of this study was composed by top 5 volume stocks, which represented nearly 40% of the total volume of Brazilian Stock Market in 2...

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Detalles Bibliográficos
Autores principales: da Silva Camargo, Sandro, Lopes Silva, Gabriel
Formato: Articulo
Lenguaje:Inglés
Publicado: 2023
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Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/156748
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Sumario:This work aims to evaluate the accuracy of Long Short-Term Memory Neural Networks to recommend Buy/Sell signals of some Brazilian Stock Market Blue Chips. The population of this study was composed by top 5 volume stocks, which represented nearly 40% of the total volume of Brazilian Stock Market in 2019. It was analyzed the following features: volume traded, closing and opening price, maximum and minimum price, and last five-day closing prices. Models created can forecast the next day’s opening or closing price. Obtained results show that forecasting and real values have a coefficient of determination (R2) from 0.91 to 0.99, depending on the stock.