Forecasting Malaysian gold price using random forest / Muhammad Nur Firmanrulah Samsudin

Gold is a yellow valuable metal that is used to make coins, jewellery, attractive artefacts, and many other things. Gold is the most popular and outperforms other metals when used as an investment instruments. The gold prices are influenced by supply and demand. Estimating its future pricing remains...

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Main Author: Samsudin, Muhammad Nur Firmanrulah
Format: Thesis
Language:English
Published: 2024
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/96337/1/96337.pdf
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spelling my-uitm-ir.963372024-06-04T07:01:25Z Forecasting Malaysian gold price using random forest / Muhammad Nur Firmanrulah Samsudin 2024 Samsudin, Muhammad Nur Firmanrulah Algorithms Gold is a yellow valuable metal that is used to make coins, jewellery, attractive artefacts, and many other things. Gold is the most popular and outperforms other metals when used as an investment instruments. The gold prices are influenced by supply and demand. Estimating its future pricing remains a difficult undertaking due to the complex and volatile structure of financial markets. Previously, manual prediction being done to forecast gold prices. Developing this model can save their time in predicting gold prices. Random forest appears to be the best model for predicting gold prices. Dataset is gathered from multiple sources and being merge into one file. Dataset being split into training and testing for ratio 90/10. This ratio being chosen after some experiment being held. The training set will use to generate subset for each decision tree. After that, random forest will be created to add tree into forest until number of trees reached. 2024 Thesis https://ir.uitm.edu.my/id/eprint/96337/ https://ir.uitm.edu.my/id/eprint/96337/1/96337.pdf text en public degree Universiti Teknologi MARA, Terengganu College of Computing, Informatics and Mathematics Anuar, Khairul
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Anuar, Khairul
topic Algorithms
spellingShingle Algorithms
Samsudin, Muhammad Nur Firmanrulah
Forecasting Malaysian gold price using random forest / Muhammad Nur Firmanrulah Samsudin
description Gold is a yellow valuable metal that is used to make coins, jewellery, attractive artefacts, and many other things. Gold is the most popular and outperforms other metals when used as an investment instruments. The gold prices are influenced by supply and demand. Estimating its future pricing remains a difficult undertaking due to the complex and volatile structure of financial markets. Previously, manual prediction being done to forecast gold prices. Developing this model can save their time in predicting gold prices. Random forest appears to be the best model for predicting gold prices. Dataset is gathered from multiple sources and being merge into one file. Dataset being split into training and testing for ratio 90/10. This ratio being chosen after some experiment being held. The training set will use to generate subset for each decision tree. After that, random forest will be created to add tree into forest until number of trees reached.
format Thesis
qualification_level Bachelor degree
author Samsudin, Muhammad Nur Firmanrulah
author_facet Samsudin, Muhammad Nur Firmanrulah
author_sort Samsudin, Muhammad Nur Firmanrulah
title Forecasting Malaysian gold price using random forest / Muhammad Nur Firmanrulah Samsudin
title_short Forecasting Malaysian gold price using random forest / Muhammad Nur Firmanrulah Samsudin
title_full Forecasting Malaysian gold price using random forest / Muhammad Nur Firmanrulah Samsudin
title_fullStr Forecasting Malaysian gold price using random forest / Muhammad Nur Firmanrulah Samsudin
title_full_unstemmed Forecasting Malaysian gold price using random forest / Muhammad Nur Firmanrulah Samsudin
title_sort forecasting malaysian gold price using random forest / muhammad nur firmanrulah samsudin
granting_institution Universiti Teknologi MARA, Terengganu
granting_department College of Computing, Informatics and Mathematics
publishDate 2024
url https://ir.uitm.edu.my/id/eprint/96337/1/96337.pdf
_version_ 1804889986247426048