Stock forecasting based on LSTM model in the context of COVID-19 epidemic
DOI:
https://doi.org/10.54691/bcpbm.v38i.3724Keywords:
LSTM model; COVID-19 pandemic; Stock price forecasting.Abstract
The COVID-19 pandemic has exploded at the beginning of 2020, which lead to great impacts on a wide range of areas. In addition to the change of mankind’s daily behaviors, the global economy is also hit severely by the pandemic. In this context, it is of great significance for the stock market and the investors to conduct in-depth research on quantitative investment considering COVID-19 factor. This study selected 5 representative stocks in the market as the research objects and construct the LSTM model to forecast the stock price as well as analyze the correlation between stock price and COVID-19 pandemic. According to the analysis, it can be obviously seen that the pandemic has had a big impact on the stock market and the price of different stocks fluctuated during the whole period. Moreover, the model was successfully built and output desirable predictions about the stock. These results shed light on guiding further exploration of stock market forecasting and the investment during the pandemic time.
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