Shreyas Lakhe

Rohit Mariwalla

Chaityanya Reddy

Abstract

Financial markets such as stock market are generating constantly great volume of information that has to be analyzed to produce any predicting pattern. Therefore they are using different scientific methods to develop and improve the prediction techniques. Each of the used techniques for predicting financial matters has some benefits and limitations of its own which benefits sometime or results in loss. Therefore, there has been continuous endeavor by researchers to explore the methods which are more accurate, consistent and reliable in prediction.In this paper, regression analysis as a data mining technique to describe the trends of stock market prices and predict the future stock market prices is used. A prediction system has been built that uses data mining technique to produce periodical forecasts about stock market prices.

Keywords- Regression analysis, linear model, data mining, statistical techniques