Open Access Library Journal
2024, Volume 11, e11519
ISSN Online: 2333-9721
ISSN Print: 2333-9705
DOI: 10.4236/oalib.1111519 May 23, 2024 1 Open Access Library Journal
Soft Computing Analysis for Stock Price
Dynamism Using Gaussian Membership
Function: A Case Study of Nigerian Stock
Exchange
Njideka Nkemdilim Mbeledogu
1
, Daniel Ugoh
1
, Rose Uzoamaka Paul
1
,
Kaodilichukwu Chidi Mbeledogu
2
1
Department of Computer Science, Nnamdi Azikiwe University, Awka, Nigeria
2
Department of Mechanical Engineering, University of Ottawa, Ottawa, Canada
Abstract
Stock Prices are dynamic and vulnerable to quick changes because of the fun-
damental nature of the financial field and in part because of the mix of known
parameters (Previous Days Closing Price, High Price, etc.) and unknown fac-
tors (like Election Results, Rumors, etc.). Its prediction is generally regarded
to be a very arduous task as the process is time-varying, thus, creating uncer-
tainty as its characteristic nature. Uncertainty results from the limited capa-
bility to resolve details and encompass the notions of partial, vague, noisy and
incomplete information about the real world. Soft Computing techniques op-
erate in an environment that is subject to uncertainty and imprecision with
the aid of Fuzzy logic that aims at formalization of approximate reasoning.
Gaussian fuzzy membership function was employed to capture the stock dy-
namism by the function’s smoothness at its edges. The system was simulated
using MATLAB. 256 production rules of the technical indicators and 16 of
the external factors were generated. The simulated system gave a good insight
into stock market for investors to know at what point in time is best to buy
and sell stocks as well as make a good profit or loss.
Subject Areas
Artificial Intelligence, Business Analysis, Statistics and Econometrics
Keywords
Soft Computing, Fuzzy Logic, Uncertainty, Imprecision, Membership
Function
How to cite this paper: Mbeledogu, N.N.,
Ugoh, D., Paul, R.U. and Mbeledogu, K.C.
(2024) Soft Computing Analysis for Stock
Price Dynamism Using Gaussian Member-
ship Function: A Case Study of Nigerian Stock
Exchange. Open Access Library Journal, 11:
e11519.
https://doi.org/10.4236/oalib.1111519
Received: April 2, 2024
Accepted: May 20, 2024
Published: May 23, 2024
Copyright © 2024 by author(s) and Open
Access Library Inc.
This work is licensed under the Creative
Commons Attribution International
License (CC BY 4.0).
http://creativecommons.org/licenses/by/4.0/
Open Access