PREDICTION OF STOCK CLOSE PRICE ON THE FIVE BEST ISSUERS FORBES GLOBAL 2000 VERSION USING CHEN'S FUZZY TIME SERIES METHOD

Authors

  • Sagita Charolina Sihombing Institut Bisinis dan Teknologi Pelita Indonesia, Pekanbaru, Indonesia
  • Agus Dahlia Universitas Islam Riau, Pekanbaru, Indonesia

Abstract

Changes in stock prices are an uncertain situation. This often makes investors confused when to sell, buy or hold their stocks. Therefore, this study discusses the prediction of stock close prices in the five best issuers according to the Forbes 2000 version, namely for BBRI, BBCA, BMRI, TLKM, and BBNI stock. The method used is the Chen model of fuzzy time series. Prediction calculations are carried out with MATLAB 2013a software. The accuracy of the prediction results is calculated using the MAPE (Mean Absolute Percentage Error) formula. The results obtained in this study indicate that the stock of the five issuers can be predicted using the Chen’s Fuzzy Time Series with each level of accuracy is 96.7%, 96.8%, 97.7%, 97.8%, and 97.2% for BBRI, BBNI, BBCA, BMRI, and TLKM.

 

References
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Published

2022-04-07

How to Cite

Sihombing, S. C. ., & Dahlia, A. . (2022). PREDICTION OF STOCK CLOSE PRICE ON THE FIVE BEST ISSUERS FORBES GLOBAL 2000 VERSION USING CHEN’S FUZZY TIME SERIES METHOD. International Conference of Business and Social Sciences, 2(1), 1163–1171. Retrieved from https://debian.stiesia.ac.id/index.php/icobuss1st/article/view/292