{"id":"https://openalex.org/W6996801754","doi":null,"title":"Stock Market Prediction with Long Short-Term Memory Networks: A Multi-Market Performance Analysis","display_name":"Stock Market Prediction with Long Short-Term Memory Networks: A Multi-Market Performance Analysis","publication_year":2025,"publication_date":"2025-05-14","ids":{"openalex":"https://openalex.org/W6996801754"},"language":"en","primary_location":{"id":"pmh:oai:utupub.fi:11111/20160","doi":null,"is_oa":true,"landing_page_url":"https://www.utupub.fi/handle/11111/20160","pdf_url":"https://www.utupub.fi/bitstreams/d55b5be9-e88a-4c42-ac00-3216017969e7/download","source":{"id":"https://openalex.org/S4306402470","display_name":"UTUPub (University of Turku)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I155660961","host_organization_name":"University of Turku","host_organization_lineage":["https://openalex.org/I155660961"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"https://www.utupub.fi/handle/10024/181578","raw_type":"fi=Pro gradu -tutkielma|en=Master's thesis|"},"volume":null,"type":"dissertation","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://www.utupub.fi/bitstreams/d55b5be9-e88a-4c42-ac00-3216017969e7/download","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5127569719","display_name":"Veeti H\u00e4rk\u00f6nen","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"H\u00e4rk\u00f6nen, Veeti","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5127569719"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":true,"primary_topic":{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":1.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11918","display_name":"Forecasting Techniques and Applications","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/stock-market-forecasting","display_name":"stock market prediction","score":0.968999981880188},{"id":"https://openalex.org/keywords/long-short-term-memory-networks","display_name":"long short-term memory networks","score":0.9330000281333923},{"id":"https://openalex.org/keywords/asset-allocation","display_name":"asset allocation","score":0.9350000023841858},{"id":"https://openalex.org/keywords/buy-and-hold-benchmark","display_name":"buy-and-hold benchmark","score":0.7350000143051147},{"id":"https://openalex.org/keywords/transaction-costs","display_name":"transaction costs","score":0.8180000185966492},{"id":"https://openalex.org/keywords/signal-frequency","display_name":"signal frequency","score":0.5070000290870667},{"id":"https://openalex.org/keywords/new-york-stock-exchange","display_name":"New York Stock Exchange","score":0.7519999742507935},{"id":"https://openalex.org/keywords/national-stock-exchange-of-india","display_name":"National Stock Exchange of India","score":0.7870000004768372},{"id":"https://openalex.org/keywords/active-vs-passive-investing","display_name":"active vs passive investing","score":0.621999979019165}],"concepts":[{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.3792000114917755},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.36809998750686646},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3391000032424927},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.30379998683929443},{"id":"https://openalex.org/C144251240","wikidata":"https://www.wikidata.org/wiki/Q7068229","display_name":"Nucleofection","level":4,"score":0.2782000005245209},{"id":"https://openalex.org/C2778114724","wikidata":"https://www.wikidata.org/wiki/Q1365583","display_name":"Bad debt","level":3,"score":0.23340000212192535},{"id":"https://openalex.org/C61797465","wikidata":"https://www.wikidata.org/wiki/Q1188986","display_name":"Term (time)","level":2,"score":0.2287999987602234},{"id":"https://openalex.org/C2908647359","wikidata":"https://www.wikidata.org/wiki/Q2625603","display_name":"Population","level":2,"score":0.22779999673366547},{"id":"https://openalex.org/C188198153","wikidata":"https://www.wikidata.org/wiki/Q1613840","display_name":"Limiting","level":2,"score":0.21960000693798065},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.21480000019073486}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:utupub.fi:11111/20160","doi":null,"is_oa":true,"landing_page_url":"https://www.utupub.fi/handle/11111/20160","pdf_url":"https://www.utupub.fi/bitstreams/d55b5be9-e88a-4c42-ac00-3216017969e7/download","source":{"id":"https://openalex.org/S4306402470","display_name":"UTUPub (University of Turku)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I155660961","host_organization_name":"University of Turku","host_organization_lineage":["https://openalex.org/I155660961"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"https://www.utupub.fi/handle/10024/181578","raw_type":"fi=Pro gradu -tutkielma|en=Master's thesis|"},{"id":"pmh:oai:www.utupub.fi:10024/181578","doi":null,"is_oa":true,"landing_page_url":"https://www.utupub.fi/handle/10024/181578","pdf_url":"https://www.utupub.fi/bitstream/10024/181578/1/Masters_thesis_Veeti_Harkonen.pdf","source":{"id":"https://openalex.org/S4306402470","display_name":"UTUPub (University of Turku)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I155660961","host_organization_name":"University of Turku","host_organization_lineage":["https://openalex.org/I155660961"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"fi=Pro gradu -tutkielma|en=Master's thesis|"}],"best_oa_location":{"id":"pmh:oai:utupub.fi:11111/20160","doi":null,"is_oa":true,"landing_page_url":"https://www.utupub.fi/handle/11111/20160","pdf_url":"https://www.utupub.fi/bitstreams/d55b5be9-e88a-4c42-ac00-3216017969e7/download","source":{"id":"https://openalex.org/S4306402470","display_name":"UTUPub (University of Turku)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I155660961","host_organization_name":"University of Turku","host_organization_lineage":["https://openalex.org/I155660961"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"https://www.utupub.fi/handle/10024/181578","raw_type":"fi=Pro gradu -tutkielma|en=Master's thesis|"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W6996801754.pdf","grobid_xml":"https://content.openalex.org/works/W6996801754.grobid-xml"},"referenced_works_count":42,"referenced_works":["https://openalex.org/W1598796236","https://openalex.org/W1689711448","https://openalex.org/W1924770834","https://openalex.org/W1995341919","https://openalex.org/W2040870580","https://openalex.org/W2064675550","https://openalex.org/W2074229969","https://openalex.org/W2108381092","https://openalex.org/W2113687945","https://openalex.org/W2116988722","https://openalex.org/W2131773668","https://openalex.org/W2276162781","https://openalex.org/W2618851150","https://openalex.org/W2624385633","https://openalex.org/W2734777338","https://openalex.org/W2734986640","https://openalex.org/W2757291580","https://openalex.org/W2787070805","https://openalex.org/W2806099957","https://openalex.org/W2887386884","https://openalex.org/W2900853779","https://openalex.org/W2978545834","https://openalex.org/W3000463950","https://openalex.org/W3006318811","https://openalex.org/W3007066689","https://openalex.org/W3013506520","https://openalex.org/W3016414288","https://openalex.org/W3042085654","https://openalex.org/W3097267636","https://openalex.org/W3097305352","https://openalex.org/W3120204672","https://openalex.org/W3122010751","https://openalex.org/W3123041092","https://openalex.org/W3123598380","https://openalex.org/W3168827103","https://openalex.org/W3211055152","https://openalex.org/W4233532465","https://openalex.org/W4287319433","https://openalex.org/W4387233876","https://openalex.org/W4403192513","https://openalex.org/W4404540710","https://openalex.org/W6949641129"],"related_works":["https://openalex.org/W7169829869","https://openalex.org/W7015253935","https://openalex.org/W7220827696","https://openalex.org/W3125937529","https://openalex.org/W3202715085","https://openalex.org/W7062076703","https://openalex.org/W7135937776","https://openalex.org/W4406930770","https://openalex.org/W4393043657","https://openalex.org/W7134923591"],"abstract_inverted_index":{"This":[0,114,292],"thesis":[1],"investigates":[2],"the":[3,28,64,106,110,118,141,152,158,174,184,211,214,304,307,322],"use":[4],"of":[5,216,272,306],"Long":[6],"Short-Term":[7],"Memory":[8],"(LSTM)":[9],"models":[10,107,245],"in":[11,17,72,183,197,230,257],"financial":[12],"trading,":[13,253],"assessing":[14],"their":[15],"performance":[16],"both":[18],"individual":[19,73,251],"stock":[20,74,191,252],"level":[21],"and":[22,39,57,85,101,154,170,186,232,270,288,302,316],"portfolio":[23,94,258],"allocation":[24,143,193,286],"across":[25,76],"three":[26],"markets:":[27],"New":[29],"York":[30],"Stock":[31,36],"Exchange":[32,37],"(NYSE),":[33],"India\u2019s":[34],"National":[35],"(NSE),":[38],"Finland\u2019s":[40],"OMX":[41],"Helsinki":[42],"(OMXH).":[43],"The":[44,161,260],"study":[45,162,261,293],"evaluates":[46],"whether":[47,165],"LSTM-driven":[48],"strategies":[49,71,194],"can":[50],"outperform":[51,157],"passive":[52,159],"benchmarks":[53],"such":[54,264],"as":[55,265],"buy-and-hold":[56,70],"equally":[58,111],"weighted":[59,112],"portfolios.":[60],"Results":[61],"show":[62,255],"that":[63,116,200,220,278],"LSTM":[65,119],"model-based":[66],"trading":[67,75,222,323],"algorithm":[68],"underperformed":[69],"most":[77],"markets,":[78],"mainly":[79],"due":[80],"to":[81,93,156,181,300,321],"limited":[82],"predictive":[83,178],"accuracy":[84,179],"difficulty":[86],"capturing":[87],"sustained":[88],"trends.":[89],"However,":[90],"when":[91],"applied":[92],"allocation,":[95],"specifically":[96],"through":[97],"Rank-Based":[98,103],"Allocation":[99,104],"(RBA)":[100],"Exponentially":[102],"(ERBA),":[105],"consistently":[108,248],"outperformed":[109],"benchmark.":[113,160],"suggests":[115],"while":[117,243,309],"model":[120,283],"struggled":[121],"with":[122,312],"absolute":[123],"price":[124],"prediction,":[125],"it":[126],"was":[127,298],"more":[128,188,206],"effective":[129,249],"at":[130],"ranking":[131],"stocks":[132],"by":[133],"relative":[134],"performance.":[135],"When":[136],"factoring":[137],"transaction":[138],"costs":[139,145],"into":[140],"active":[142],"methods,":[144,287],"must":[146],"remain":[147],"below":[148],"0.005%-0.01%,":[149],"depending":[150],"on":[151,237],"market":[153,166,202],"method,":[155],"also":[163],"examines":[164],"characteristics":[167],"like":[168,275],"size":[169],"economic":[171],"development":[172],"influence":[173],"model\u2019s":[175],"outcomes.":[176],"Although":[177],"tended":[180],"decline":[182],"larger":[185],"possibly":[187],"efficient":[189],"NYSE":[190],"market,":[192],"performed":[195],"best":[196],"it,":[198],"indicating":[199],"prevailing":[201],"trends":[203],"may":[204],"matter":[205],"than":[207],"structural":[208],"factors.":[209],"Lastly,":[210],"research":[212],"explores":[213],"effect":[215],"signal":[217,223],"sensitivity,":[218],"finding":[219],"increased":[221],"frequency":[224],"generally":[225],"improved":[226],"prediction":[227],"accuracy,":[228],"particularly":[229],"OMXH":[231],"NSE,":[233],"though":[234],"its":[235],"impact":[236],"returns":[238],"remained":[239],"limited.":[240],"In":[241],"conclusion,":[242],"LSTM-based":[244],"are":[246],"not":[247],"for":[250],"they":[254],"promise":[256],"allocation.":[259],"highlights":[262],"limitations":[263],"a":[266],"short":[267],"backtesting":[268],"period":[269],"exclusion":[271],"real-world":[273],"events":[274],"slippage,":[276],"recommending":[277],"future":[279],"work":[280],"explore":[281],"enhanced":[282],"configurations,":[284],"alternative":[285],"longer":[289],"testing":[290],"horizons.":[291],"utilised":[294],"AI-based":[295],"tools:":[296],"Grammarly":[297],"used":[299],"check":[301],"improve":[303],"language":[305],"thesis,":[308],"ChatGPT":[310],"assisted":[311],"coding":[313],"tasks,":[314],"debugging,":[315],"explaining":[317],"programming":[318],"concepts":[319],"related":[320],"models.":[324]},"counts_by_year":[],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2025-10-10T00:00:00"}