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American Journal of Business and Operations Research
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Title

Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks

  Salim Sallal Al-Hasnawi 1 * ,   Laith Haleem Al-Hchemi 2

1  University of Al-Qadisiyah, Diwaniyah, Iraq
    (salimsalim125@yahoo.com)

2  University of Al-Qadisiyah, Diwaniyah, Iraq
    (laithhaleem95@gmail.com)


Doi   :   https://doi.org/10.54216/AJBOR.060205

Received: February 22, 2022 Accepted: April 23, 2022

Abstract :

Making stock investment decisions is a complex challenge that investors continuously face. When it comes to an uncertain future, making the wrong decision can result in massive losses. The paper aims to develop an artificial neural networks-based model predicting the closing price of top-six traded industrial ISX-listed stocks, which can guide investment decisions. The sample consisted of daily indexes ISX-released from (3/3/2019) to (31/3/2019). Matlab 2014b was used to run artificial neural networks using the nntool software. The model's performance was evaluated using Mean squared error (MSE), Root means squared error (RMSE), and R squared. Empirical results demonstrated the ability and efficiency of artificial neural networks to predict closing prices with high accuracy. As a result, we recommended employing the Artificial Neural Networks model to predict stock prices as well as relying on it to make decisions.

Keywords :

ANN; Stocks; Close Price; Prediction; Investment; ISX

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Cite this Article as :
Style #
MLA Salim Sallal Al-Hasnawi, Laith Haleem Al-Hchemi. "Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks." American Journal of Business and Operations Research, Vol. 6, No. 2, 2022 ,PP. 47-55 (Doi   :  https://doi.org/10.54216/AJBOR.060205)
APA Salim Sallal Al-Hasnawi, Laith Haleem Al-Hchemi. (2022). Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks. Journal of American Journal of Business and Operations Research, 6 ( 2 ), 47-55 (Doi   :  https://doi.org/10.54216/AJBOR.060205)
Chicago Salim Sallal Al-Hasnawi, Laith Haleem Al-Hchemi. "Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks." Journal of American Journal of Business and Operations Research, 6 no. 2 (2022): 47-55 (Doi   :  https://doi.org/10.54216/AJBOR.060205)
Harvard Salim Sallal Al-Hasnawi, Laith Haleem Al-Hchemi. (2022). Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks. Journal of American Journal of Business and Operations Research, 6 ( 2 ), 47-55 (Doi   :  https://doi.org/10.54216/AJBOR.060205)
Vancouver Salim Sallal Al-Hasnawi, Laith Haleem Al-Hchemi. Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks. Journal of American Journal of Business and Operations Research, (2022); 6 ( 2 ): 47-55 (Doi   :  https://doi.org/10.54216/AJBOR.060205)
IEEE Salim Sallal Al-Hasnawi, Laith Haleem Al-Hchemi, Stock Closing Price Prediction of ISX-listed Industrial Companies Using Artificial Neural Networks, Journal of American Journal of Business and Operations Research, Vol. 6 , No. 2 , (2022) : 47-55 (Doi   :  https://doi.org/10.54216/AJBOR.060205)