Year 2016, Volume , Issue 13, Pages 86 - 95 2016-09-01

PREDICTION OF THE RELATIONSHIP BETWEEN THE BIST 100 INDEX AND ADVANCED STOCK MARKET INDICES USING ARTIFICIAL NEURAL NETWORK: (2011-2015)

Kemal ADEM [1] , Numan ZENGİN [2] , Mahmut HEKİM [3] , Süleyman Serdar KARACA [4]


Prediction techniques and models are significant for people and organizations who wish to make prediction at the stage of investment and decision-making. For investors who want to achieve high earnings from investments, the stock market indexes are extremely important. Price movements in the stock such as political and social ones are affected by many factors. In the studies conducted on İstanbul Stock Exchange Index (BIST-100), the estimation generally of foreign exchange rates, interest rates, gold prices, GNP (Gross Nation Product), CPI (Consumer Price Index) and the relationship with macroeconomic variables such as the rate regard to traditional statistical prediction models were used. In this study, international advanced BIST100 Index of the estimation with Artificial Neural Network (ANN) method will be used as input instead of traditional macroeconomic variables (independent variables) and also stock market index data sets will be used. From January 2011 to December 2015 period, daily closing price of some international advanced stock market indices and BIST 100 Index data were used as data set. Data analysis were carried out through Multilayer Neural Network (MLNN) method, which is an ANN model widely used in MATLAB and the successful rate was %96,92
Investment, BIST-100, International stock market indices, Artificial neural networks, Prediction
Other ID JA58KP57BB
Journal Section Research Article
Authors

Author: Kemal ADEM

Author: Numan ZENGİN

Author: Mahmut HEKİM

Author: Süleyman Serdar KARACA

Dates

Publication Date : September 1, 2016

Bibtex @ { jnt381334, journal = {Journal of New Theory}, issn = {2149-1402}, eissn = {2149-1402}, address = {Mathematics Department, Gaziosmanpasa University 60250 Tokat-TURKEY.}, publisher = {Gaziosmanpasa University}, year = {2016}, volume = {}, pages = {86 - 95}, doi = {}, title = {PREDICTION OF THE RELATIONSHIP BETWEEN THE BIST 100 INDEX AND ADVANCED STOCK MARKET INDICES USING ARTIFICIAL NEURAL NETWORK: (2011-2015)}, key = {cite}, author = {ADEM, Kemal and ZENGİN, Numan and HEKİM, Mahmut and KARACA, Süleyman Serdar} }
APA ADEM, K , ZENGİN, N , HEKİM, M , KARACA, S . (2016). PREDICTION OF THE RELATIONSHIP BETWEEN THE BIST 100 INDEX AND ADVANCED STOCK MARKET INDICES USING ARTIFICIAL NEURAL NETWORK: (2011-2015). Journal of New Theory , (13) , 86-95 . Retrieved from https://dergipark.org.tr/en/pub/jnt/issue/34510/381334
MLA ADEM, K , ZENGİN, N , HEKİM, M , KARACA, S . "PREDICTION OF THE RELATIONSHIP BETWEEN THE BIST 100 INDEX AND ADVANCED STOCK MARKET INDICES USING ARTIFICIAL NEURAL NETWORK: (2011-2015)". Journal of New Theory (2016 ): 86-95 <https://dergipark.org.tr/en/pub/jnt/issue/34510/381334>
Chicago ADEM, K , ZENGİN, N , HEKİM, M , KARACA, S . "PREDICTION OF THE RELATIONSHIP BETWEEN THE BIST 100 INDEX AND ADVANCED STOCK MARKET INDICES USING ARTIFICIAL NEURAL NETWORK: (2011-2015)". Journal of New Theory (2016 ): 86-95
RIS TY - JOUR T1 - PREDICTION OF THE RELATIONSHIP BETWEEN THE BIST 100 INDEX AND ADVANCED STOCK MARKET INDICES USING ARTIFICIAL NEURAL NETWORK: (2011-2015) AU - Kemal ADEM , Numan ZENGİN , Mahmut HEKİM , Süleyman Serdar KARACA Y1 - 2016 PY - 2016 N1 - DO - T2 - Journal of New Theory JF - Journal JO - JOR SP - 86 EP - 95 VL - IS - 13 SN - 2149-1402-2149-1402 M3 - UR - Y2 - 2020 ER -
EndNote %0 Journal of New Theory PREDICTION OF THE RELATIONSHIP BETWEEN THE BIST 100 INDEX AND ADVANCED STOCK MARKET INDICES USING ARTIFICIAL NEURAL NETWORK: (2011-2015) %A Kemal ADEM , Numan ZENGİN , Mahmut HEKİM , Süleyman Serdar KARACA %T PREDICTION OF THE RELATIONSHIP BETWEEN THE BIST 100 INDEX AND ADVANCED STOCK MARKET INDICES USING ARTIFICIAL NEURAL NETWORK: (2011-2015) %D 2016 %J Journal of New Theory %P 2149-1402-2149-1402 %V %N 13 %R %U
ISNAD ADEM, Kemal , ZENGİN, Numan , HEKİM, Mahmut , KARACA, Süleyman Serdar . "PREDICTION OF THE RELATIONSHIP BETWEEN THE BIST 100 INDEX AND ADVANCED STOCK MARKET INDICES USING ARTIFICIAL NEURAL NETWORK: (2011-2015)". Journal of New Theory / 13 (September 2016): 86-95 .
AMA ADEM K , ZENGİN N , HEKİM M , KARACA S . PREDICTION OF THE RELATIONSHIP BETWEEN THE BIST 100 INDEX AND ADVANCED STOCK MARKET INDICES USING ARTIFICIAL NEURAL NETWORK: (2011-2015). JNT. 2016; (13): 86-95.
Vancouver ADEM K , ZENGİN N , HEKİM M , KARACA S . PREDICTION OF THE RELATIONSHIP BETWEEN THE BIST 100 INDEX AND ADVANCED STOCK MARKET INDICES USING ARTIFICIAL NEURAL NETWORK: (2011-2015). Journal of New Theory. 2016; (13): 95-86.

Authors of the Article
Kemal ADEM [1]
Numan ZENGİN [2]
Mahmut HEKİM [3]
Süleyman Serdar KARACA [4]