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Paper 3509

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44 views5 pages

Paper 3509

Uploaded by

Ayush Kesri
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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ISSN (Online) 2581-9429

IJARSCT
International Journal of Advanced Research in Science, Communication and Technology (IJARSCT)

Volume 2, Issue 1, May 2022


Impact Factor: 6.252

Visualizing and Forecasting Stocks Using Dash


Sachin Kumar Mishra1, Rishab Thakur2, Shantanu Saha3, Chitrangada Chaubey4
Students, Department of Computer Science And Engineering1,2,3
Assistant Professor, Department of Computer Science and Engineering4
Dronacharya Group of Institutions, Greater Noida, UP, India

Abstract: In stock market it is very hard to predict the stock prices as there are no clear cut rules of prediction,
but it provides one of the highest returns in the market. Even though they are volatile in nature, one can
visualize share prices and other statistical factors which helps the keen investors carefully decide on which
company they want to spend their earnings on. Developing this simple project idea using dash library (of
python), we can make dynamic plots of financial data of a specific company using tabular data provided by
yfinance python library. On top of it, we can use machine learning algorithm to predict the upcoming stock
prices. The project is a good start for beginners in python/data science and a good refresher for professionals
who have dabbled in Python/ML before.

Keywords: Stock Market, Machine Learning, Dash Python, yfinance, Predictions

I. INTRODUCTION
Investment companies and individual investors have been utilizing money models to possess a higher understanding of
the market and build a profitable investment. Plenty of data regarding stock data fluctuations is at hand for analysis and
processing. Investors take calculated guesses by analyzing data. They browse the news, study the corporate history, trade
trends and numerous variables that go into creating a prediction. The prevailing theories are that stock costs are quite random
and unpredictable. This raises the question that why prime companies like Morgan Stanley and Citigroup rent quantitative
analysts to create predictive models. This paper seeks to utilize Deep Learning models, LSTM Neural Networks, to predict
stock costs. As for data with time-frames RNNs are available handy however recent researches have shown that LSTM
networks are the foremost sought-after and helpful variants of RNNs. A business could become prone to market fluctuations
on the far side your management - together with market sentiment, economic conditions or developments in your sector.

II. PROPOSED SYSTEM


We have created a single page web application using dash and machine learning models. The main goal of this project is
to precisely predict the future closing price of stock over a period of time in future. In this project we have used dash html
components and dash core components to create website’s structure and for enhancing the site’s UI we have used CSS for
styling. Plots of data are generated by using the plotly library of python and the data is fetched using yfinance. Machine
learning models are implemented for predicting the stock price for the dates requested by the user. The project is deployed
on Heroku to host it live.

III. METHODOLOGY
We saw that the new user was afraid to invest in the share market because he did not have the knowledge and did not
have any tool with the help of which he could do this work. So then we created a tool with the help of machine learning and
Copyright to IJARSCT DOI: 10.48175/568 209
www.ijarsct.co.in
ISSN (Online) 2581-9429
IJARSCT
International Journal of Advanced Research in Science, Communication and Technology (IJARSCT)

Volume 2, Issue 1, May 2022


Impact Factor: 6.252
deep learning, which can tell in a very precise way where the market will move by analyzing things. We did this work by
taking data from yfinance. We imported this data through library and analyzed with the help of machine learning model and
we did it with a machine learning model because it does this thing very precisely. In this we have used the model of Deep
Learning LSTM, we have trained the data in its own way, we have learned to use it because it is very advanced and performs
this task very accurately and the result is more accurate. We used this method because in this we can train the data, due to
which it can do its work very accurately and get close to the real result with great accuracy. There is a drawback in this that
it will work the way we trained it. We have to face a lot of difficulty in trained the data because the model cannot make any
changes in itself like the data is transcribed, it works the same way.

IV. RESULT
4.1 Create Basic Website Layout
A. Expected Outcome
By now you should have the basic web page setup as shown below in the second image which can be seen by starting the
server locally as shown below in the first image.

B. Style Your Application


At this stage, your webpage should have a much better look than before. You may use the below web page as your starter
template-

Copyright to IJARSCT DOI: 10.48175/568 210


www.ijarsct.co.in
ISSN (Online) 2581-9429
IJARSCT
International Journal of Advanced Research in Science, Communication and Technology (IJARSCT)

Volume 2, Issue 1, May 2022


Impact Factor: 6.252
C. Generating a Company's Information and Graphs
We are going to use the yfinance python library to get company information (name, logo and description) and stock price
history. Dash's callback functions will be used to trigger updates based on change in inputs.

Copyright to IJARSCT DOI: 10.48175/568 211


www.ijarsct.co.in
ISSN (Online) 2581-9429
IJARSCT
International Journal of Advanced Research in Science, Communication and Technology (IJARSCT)

Volume 2, Issue 1, May 2022


Impact Factor: 6.252
D. Creating the Machine Learning Model
After finishing all this, we should have a complete project where user input - stock, code can give us the company
information and relevant plots. Also, user input number of days can give us a forecast plot.

Copyright to IJARSCT DOI: 10.48175/568 212


www.ijarsct.co.in
ISSN (Online) 2581-9429
IJARSCT
International Journal of Advanced Research in Science, Communication and Technology (IJARSCT)

Volume 2, Issue 1, May 2022


Impact Factor: 6.252
E. Deploying the project on Heroku
Finally, our web app is deployed and can be accessed by anyone in the world.

V. CONCLUSION AND FUTURE SCOPE


Stock market Trading is the most sought after and so its popularity is increasing and researchers ought to find new
techniques for prediction. Stock forecasting and visualizing technique helps investors and individuals to handle stock market.
For predicting the stock prices correctly the forecasting model should have great precision. In this project we used deep
learning models and LSTMs and RNN units for predicting the stock prices accurately that assists the investors or individuals
with correct knowledge about the situation of stock market.
The scope of visualizing and forecasting stock has a very huge in the field of stock market. According to recent report the
number of investors investing in stock market is increasing every year, therefore a system of visualizing and forecasting
stocks is required to guide the investors to invest carefully in the stocks. Visualizing stocks is a risky trend and can often
lead to inaccurate value predictions mainly because of how many factors it depends upon. This project can be extended and
modified in future by training the model on more features and including some important nonnumerical features as well with
the help of a subject matter expert.

VI. ACKNOWLEDGMENT
This paper could not have been completed without the support of many people, some of whom have helped directly and
some of them indirectly such as by publishing their research paper online which helped us to recognize with this concept
easily. We have deepest gratitude and feeling of appreciation to our Project mentor Chitrangada Chaubey Ma’am
(Assistant Professor-CSE), her presence at any time throughout the Semester, important guidance, opinion, encouragement,
and support greatly enhanced this project work. We are grateful to the college for providing the necessary infrastructure and
technical support for the completion of this project. At last, we would like to thank our family and friends for their
unconditional support.

REFERENCES
[1]. Data Visualization and Stock Market and Prediction, Ashutosh Sharma, Sanket Modak, Eashwaran Sridhar,
International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056, Volume: 06 Issue: 09
| Sep 2019
[2]. Ran Aroussi yfinance is distributed under the Apache Software License.
[3]. https://pypi.org/project/yfinance/
[4]. https://plotly.com/python/graph-objects/
[5]. https://github.com/scikit-learn/scikit-learn
[6]. Visualizing and Forecasting stock using dash framework Prof. Mangesh Manake, Shital Pawar, Onkar Nakate,
Viraj Bangar, Swapnil kale
Copyright to IJARSCT DOI: 10.48175/568 213
www.ijarsct.co.in

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