Back to Search Start Over

Comparative Study of Long Short-Term Memory (LSTM) and Quantum Long Short-Term Memory (QLSTM): Prediction of Stock Market Movement

Authors :
Mahmood, Tariq
Ahmad, Ibtasam
Ansar, Malik Muhammad Zeeshan
Darwish, Jumanah Ahmed
Sherwani, Rehan Ahmad Khan
Publication Year :
2024

Abstract

In recent years, financial analysts have been trying to develop models to predict the movement of a stock price index. The task becomes challenging in vague economic, social, and political situations like in Pakistan. In this study, we employed efficient models of machine learning such as long short-term memory (LSTM) and quantum long short-term memory (QLSTM) to predict the Karachi Stock Exchange (KSE) 100 index by taking monthly data of twenty-six economic, social, political, and administrative indicators from February 2004 to December 2020. The comparative results of LSTM and QLSTM predicted values of the KSE 100 index with the actual values suggested QLSTM a potential technique to predict stock market trends.

Details

Database :
arXiv
Publication Type :
Report
Accession number :
edsarx.2409.08297
Document Type :
Working Paper