Forecasting intraday stock price using ANFIS and bio-inspired algorithms

Title

Forecasting intraday stock price using ANFIS and bio-inspired algorithms

Creator

Chandar S.K.

Description

The main focus of this study is to explore the predictability of stock price with variants of adaptive neuro-fuzzy inference system (ANFIS) and suggests a hybrid model to enhance the prediction accuracy. Two variants of ANFIS model are designed which includes genetic algorithm-ANFIS (GA-ANFIS) and particle swarm optimisation-ANFIS (PSO-ANFIS) to forecast stock price more accurately. The standard ANFIS is tuned employing GA and PSO algorithm. The experimental data used in this investigation are stocks traded per minute price of four companies from NSE. Sixteen technical indicators are calculated from the historical prices and used as inputs to the developed models. Prediction ability of the developed models is analysed by varying number of input samples. Numerical results obtained from the simulation confirmed that the PSO-ANFIS model has the potential to predict the future stock price more precisely than GA-ANFIS as well as other earlier methods. Copyright 2021 Inderscience Enterprises Ltd.

Source

International Journal of Networking and Virtual Organisations, Vol-25, No. 1, pp. 29-47.

Date

2021-01-01

Publisher

Inderscience Publishers

Subject

Adaptive neuro-fuzzy inference system; ANFIS; Bio-inspired algorithm; Genetic algorithm; Intraday day; Minute price; Particle swarm optimisation; PSO

Coverage

Chandar S.K., School of Business and Management, CHRIST (Deemed to be University), Bengaluru, 560029, India

Rights

Restricted Access

Relation

ISSN: 14709503

Format

Online

Language

English

Type

Article

Identifier

https://doi.org/10.1504/IJNVO.2021.117754

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