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Application of ELM-MapReduce Technique in Stock Market Forecasting

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Intelligent and Cloud Computing

Part of the book series: Smart Innovation, Systems and Technologies ((SIST,volume 153))

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Abstract

Forecasting is a technique commonly used in the study of time series to forecast a variable response for a specified period of time, such as monthly earnings, stock performance, or unemployment figures. Forecasting is historical data behavior to determine the direction of future trends. Therefore, many machine learning algorithms are used in the past few years. In this study, a summary of an extreme learning machine with MapReduce technique (ELM_MapReduce) is presented. This technique is based on the concept of processing large amount of historical data and application of extreme learning machine to achieve fast learning speed. As stock market data is large set of historical data that need time to process, MapReduce method is used to handle such limitations. The technique shows the advantages and disadvantages of using MapReduce method in ELM and can be used in different areas of research.

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Correspondence to Smita Rath .

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Rath, S., Tripathy, A., Swagatika, S. (2021). Application of ELM-MapReduce Technique in Stock Market Forecasting. In: Mishra, D., Buyya, R., Mohapatra, P., Patnaik, S. (eds) Intelligent and Cloud Computing. Smart Innovation, Systems and Technologies, vol 153. Springer, Singapore. https://doi.org/10.1007/978-981-15-6202-0_48

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