Mining stock price data
In this chapter, we’ll work as a stock quantitative analyst/researcher, exploring how to predict stock prices with several typical machine learning regression algorithms. Let’s start with a brief overview of the stock market and stock prices.
A brief overview of the stock market and stock prices
The stock of a corporation signifies ownership in the corporation. A single share of the stock represents a claim on the fractional assets and the earnings of the corporation in proportion to the total number of shares. Stocks can be traded between shareholders and other parties via stock exchanges and organizations. Major stock exchanges include the New York Stock Exchange, the NASDAQ, London Stock Exchange Group, and the Hong Kong Stock Exchange. The prices that a stock is traded at fluctuate essentially due to the law of supply and demand.
In general, investors want to buy low and sell high. This sounds simple enough, but it’s very...