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A K-means Algorithm for Financial Market Risk Forecasting

2024-05-21 · Jinxin Xu, Kaixian Xu, Yue Wang, Qinyan Shen, Ruisi Li

Financial market risk forecasting involves applying mathematical models, historical data analysis and statistical methods to estimate the impact of future market movements on investments. This process is crucial for investors to develop strategies, financial institutions to manage assets and regulators to formulate policy. In today's society, there are problems of high error rate and low precision in financial market risk prediction, which greatly affect the accuracy of financial market risk prediction. K-means algorithm in machine learning is an effective risk prediction technique for financial market. This study uses K-means algorithm to develop a financial market risk prediction system, which significantly improves the accuracy and efficiency of financial market risk prediction. Ultimately, the outcomes of the experiments confirm that the K-means algorithm operates with user-friendly simplicity and achieves a 94.61% accuracy rate

📄 PDF Abstract BibTeX arXiv:2405.13076

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