Theoretical and Natural Science
- The Open Access Proceedings Series for Conferences
Theoretical and Natural Science
Vol. 39, 21 June 2024
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Predicting the stock opening price of Apple company
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Abstract
As the stock market plays a crucial role in the world economy, researchers have used multiple mathematical and statistical models such as Artificial Neural Networks (ANN) and Long Short-Term Memory (LSTM) networks model to forecast the fluctuation in stock price despite their unpredictability as the stock market, being a stochastic process, would be easily affected by an abundance of factors such as governmental policies, industrial news, and natural calamities. Therefore, based on the previous studies, this paper attempts to forecast the stock opening price of Apple Inc., one of the world-leading companies in the technology industry, utilizing the Autoregressive Integrated Moving Average (ARIMA) model. In order to minimize the impact on the stock market brought by the COVID-19 pandemic, this paper will analyze separately the opening price of Apple stock before and after the epidemic outbreak and will compare the difference the pandemic made in the stock market, as well as the forecasting models.
Keywords
Apple, ARIMA, Stock Price, Forecasting, Time Series
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Mathematical Physics and Computational Simulation
- ISBN (Print)
- 978-1-83558-463-7
- ISBN (Online)
- 978-1-83558-464-4
- Published Date
- 21 June 2024
- Series
- Theoretical and Natural Science
- ISSN (Print)
- 2753-8818
- ISSN (Online)
- 2753-8826
- DOI
- 10.54254/2753-8818/39/20240583
- Copyright
- 21 June 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited