Predictive Analytics in Stock Markets: Unleashing the Power of IoT and Machine Learning

Authors

  • Ramakrishna Regulagadda Assistant Professor, Department of Computer Science and Engineering, Koneru Lakshmaiah Education Foundation, Vaddeswaram, Guntur, Andhra Pradesh- 522502, India
  • Vivek Veeraiah Associate Professor, Department of Computer Science, Sri Siddharth Institute of Technology, Sri Siddhartha Academy of Higher Education, Tumkur, Karnataka- 572107, India
  • G. Muthugurunathan Assistant Professor, Department of Computer Science & Engineering, Madanapalle Institute of Technology & Science, Madanapalle, Andhra Pradesh, India
  • L. N. K. Sai Madupu Associate Professor, Department of Civil Engineering, R.V.R. & J.C. College of Engineering, Chowdavaram, Guntur-522019, Andhra Pradesh, India
  • S. V. Satyanarayana Assistant Professor, Department of Civil Engineering, R.V.R. & J.C. College of Engineering, Chowdavaram, Guntur-522019, Andhra Pradesh, India
  • Elangovan Muniyandy Department of Biosciences, Saveetha School of Engineering, Saveetha Institute of Medical and Technical Sciences, Chennai, Tamil Nadu, India

Keywords:

Stock Markets, IoT, Machine Learning, Prediction

Abstract

Stock markets are dynamic and complicated, so forecasting and decision-making are essential. This article examines how prediction Analytics, IoT, and ML might be used in stock trading to improve prediction skills and investing strategies. IoT provides real-time data sources including market sentiment research and streaming financial data from linked devices. This data, combined with modern machine learning algorithms, helps traders and investors find patterns, trends, and anomalies to anticipate stock price changes. With IoT and ML, market analysis may take into account historical data and real-time market dynamics. IoT devices like sensors and social media sentiment analysis tools can create prediction models in financial markets, according to this study. The research examines machine learning techniques including neural networks, decision trees, and ensemble approaches to show how they improve stock market forecasts. The paper also covers data privacy, model interpretability, and external issues while using predictive analytics in stock trading. Case studies and success stories demonstrate the practical uses and advantages of IoT and ML predictive analytics in stock market strategy. In conclusion, predictive analytics combined with IoT and machine learning may alter stock markets. Real-time data streams and complex analytical tools help market players make better choices, limit risks, and seize opportunities, transforming stock trading in the age of linked technology.

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Published

12.01.2024

How to Cite

Regulagadda, R. ., Veeraiah, V. ., Muthugurunathan, G. ., Madupu, L. N. K. S. ., Satyanarayana, S. V. ., & Muniyandy, E. . (2024). Predictive Analytics in Stock Markets: Unleashing the Power of IoT and Machine Learning. International Journal of Intelligent Systems and Applications in Engineering, 12(12s), 414–422. Retrieved from https://ijisae.org/index.php/IJISAE/article/view/4527

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