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Comparative Analysis of LSTM, GRU, and Transformer Models for Stock Price Prediction

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arxiv 2411.05790 v1 pith:CM674FGY submitted 2024-10-20 q-fin.ST cs.LG

Comparative Analysis of LSTM, GRU, and Transformer Models for Stock Price Prediction

classification q-fin.ST cs.LG
keywords stocklstmmodelpredictionpriceaccuracyanalysisdata
verification ladder T0 review T1 audit T2 compute T3 formal T4 reserved
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In recent fast-paced financial markets, investors constantly seek ways to gain an edge and make informed decisions. Although achieving perfect accuracy in stock price predictions remains elusive, artificial intelligence (AI) advancements have significantly enhanced our ability to analyze historical data and identify potential trends. This paper takes AI driven stock price trend prediction as the core research, makes a model training data set of famous Tesla cars from 2015 to 2024, and compares LSTM, GRU, and Transformer Models. The analysis is more consistent with the model of stock trend prediction, and the experimental results show that the accuracy of the LSTM model is 94%. These methods ultimately allow investors to make more informed decisions and gain a clearer insight into market behaviors.

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