Enhancing Stock Price Prediction Using Stacked Long Short-Term Memory
DOI:
https://doi.org/10.25299/itjrd.2023.13486Keywords:
Stock price prediction, Stacked LSTM, Financial markets, Indonesia Stock Exchange, Deep learningAbstract
This research explores the Stacked Long Short-Term Memory (LSTM) model for stock price prediction using a dataset obtained from Yahoo Finance. The main objective is to assess the effectiveness of the model in capturing stock price patterns and making accurate predictions. The dataset consists of stock prices for the top 10 companies listed in the Indonesia Stock Exchange from July 6, 2015, to October 14, 2021. The model is trained and evaluated using metrics such as RMSE, MAE, MAPE, and R2. The average values of these metrics for the predictions indicate promising results, with an average RMSE of 0.00885, average MAE of 0.00800, average MAPE of 0.02496, and an average R2 of 0.9597. These findings suggest that the Stacked LSTM model can effectively capture stock price patterns and make accurate predictions. The research contributes to the field of stock price prediction and highlights the potential of deep learning techniques in financial forecasting.
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