Entri Blog
No Result
View All Result
Tuesday, December 12, 2023
  • State PSC
    • Kerala PSC
      • Kerala PSC Exams
      • Kerala PSC Notification
      • Kerala PSC Exam Calender
      • Kerala PSC Previous Question papers
      • KAS Exam
      • KAS Previous Year Question papers
      • Kerala PSC VEO Notification
      • Kerala Police SI
      • Kerala PSC LDC Notification
      • Kerala PSC LP/UP Assistant
      • Kerala PSC Village Field Assistant Notification
      • Kerala PSC LD Typist Notification
      • Kerala PSC Food Safety Officer
      • Kerala PSC Excise Inspector Notification
      • Kerala PSC BDO Notification
      • Kerala PSC CPO Notification
      • Kerala PSC LGS Notification
    • TNPSC
    • APPSC
    • TSPSC
    • BPSC
    • Karnataka PSC
    • MPPSC
    • UPPSC
  • Banking
    • IBPS PO Notification
    • IBPS Clerk Notification
    • SBI PO Notification
    • SBI Clerk Notification
    • SBI SO Notification
    • SBI Apprentice Notification
    • Canara Bank PO Notification
    • Indian Bank PO Notification
    • RBI Assistant Notification
    • RBI Office Attendant Notification
    • IBPS RRB Notification
    • IBPS RRB Office Assistant Notification
  • Skilling
    • Coding
    • Spoken English
    • Stock Marketing
  • Courses
    • Data Science Course
      • Data Science Malayalam
      • Data Science Training in Kochi
      • Data Science Training in Trivandrum
      • Data Science Course in Calicut
      • Data Science Training in Thrissur
    • Full Stack Developer Course
      • Full Stack Development Malayalam
      • Full Stack Development Hindi
      • Full Stack Development Tamil
      • Full Stack Development Telugu
      • Full Stack Development Kannada
    • Stock Market Course
      • Stock Market Course in Malayalam
      • Stock Market Course in Tamil
      • Stock Market Course in Kannada
      • Options Trading Course
    • Spoken English Course
      • Spoken English Course in Malayalam
      • Spoken English Course in Hindi
      • Spoken English Course in Telugu
      • Spoken English Course in Tamil
      • Spoken English Course in Kannada
    • Python Programming Course
    • Quantity Surveying Course
    • Performance Marketing Course
    • Practical Accounting Course
      • Tally Course
      • Taxation Course
      • UAE Accounting
      • GST Course
    • Mern Stack Developer Course
      • Full Stack Developer Course in Kochi
      • Full Stack Developer Course in Trivandrum
      • Full Stack Developer Course in Calicut
      • Full Stack Developer Course in Pune
      • Full Stack Developer Course in Bangalore
      • Full Stack Developer Course in Hyderabad
      • Full Stack Developer Course in Chennai
      • Full Stack Developer Course in Indore
      • Full Stack Developer Course in Jaipur
      • Full Stack Developer Course in Coimbatore
    • Digital Marketing Training
      • Digital Marketing Course in Kochi
      • Digital Marketing Course in Trivandrum
      • Digital Marketing Course in Calicut
      • Digital Marketing Course in Kollam
      • Digital Marketing Course in Thrissur
      • Digital Marketing Course in Kottayam
      • Digital Marketing Course in Kannur
    • Other Courses
      • Montessori Teacher Training
      • MEP Course
      • German Language Course
      • OET Coaching
      • Nurses Recruitment Abroad
      • ChatGPT Course
      • Forex Trading Course
      • Yoga Teacher Training Course
      • Oil and Gas Course
      • SAP FICO Course
  • Others
    • Railway
    • SSC
    • GATE
    • MAT
    • KMAT
    • UPSC
    • TET
      • APTET
      • CTET
      • DSSSB
      • Karnataka TET
      • Kerala TET
      • KVS
      • MPTET
      • SUPER TET
      • TNTET
      • TSTET
      • UPTET
  • Aptitude Questions
  • Test Prep
    • PSC Coaching
      • KPSC Degree Level Exam Preparation
      • Kerala PSC 12th Level Exam Preparation
      • Kerala PSC 10th Level Exam Preparation
      • KAS Coaching
      • Kerala PSC LDC Coaching
      • Kerala PSC Fireman Coaching
      • KSFE Assistant Exam Preparation
      • Kerala PSC SI Exam Coaching
      • KTET Coaching
      • SET Coaching
      • Kerala PSC Lecturer in Diet Coaching
      • Khadi Board LDC Exam Preparation
      • LP/UP Assistant Exam Coaching
      • HSST Exam Preparation
      • HSA Exam Preparation
      • EMRS Coaching
      • University LGS Exam Preparation
      • University Assistant Exam Coaching
    • IELTS Training Online
    • Bank Exam Coaching Online
      • IBPS SO Online Coaching
      • IBPSC PO Online Coaching
      • IBPSC Clerk Online Coaching
      • SBI PO Coaching
      • SBI Clerk Online Coaching
      • RBI Grade B Coaching
      • RBI Assistant Coaching
    • UPSC Online Coaching
    • SSC Online Coaching
      • SSC JE Online Coaching
    • RRB JE Online Coaching
      • RRB Exams Coaching
    • CAT Online Coaching
    • GATE Online Coaching
Data Science
Entri Blog
  • State PSC
    • Kerala PSC
      • Kerala PSC Exams
      • Kerala PSC Notification
      • Kerala PSC Exam Calender
      • Kerala PSC Previous Question papers
      • KAS Exam
      • KAS Previous Year Question papers
      • Kerala PSC VEO Notification
      • Kerala Police SI
      • Kerala PSC LDC Notification
      • Kerala PSC LP/UP Assistant
      • Kerala PSC Village Field Assistant Notification
      • Kerala PSC LD Typist Notification
      • Kerala PSC Food Safety Officer
      • Kerala PSC Excise Inspector Notification
      • Kerala PSC BDO Notification
      • Kerala PSC CPO Notification
      • Kerala PSC LGS Notification
    • TNPSC
    • APPSC
    • TSPSC
    • BPSC
    • Karnataka PSC
    • MPPSC
    • UPPSC
  • Banking
    • IBPS PO Notification
    • IBPS Clerk Notification
    • SBI PO Notification
    • SBI Clerk Notification
    • SBI SO Notification
    • SBI Apprentice Notification
    • Canara Bank PO Notification
    • Indian Bank PO Notification
    • RBI Assistant Notification
    • RBI Office Attendant Notification
    • IBPS RRB Notification
    • IBPS RRB Office Assistant Notification
  • Skilling
    • Coding
    • Spoken English
    • Stock Marketing
  • Courses
    • Data Science Course
      • Data Science Malayalam
      • Data Science Training in Kochi
      • Data Science Training in Trivandrum
      • Data Science Course in Calicut
      • Data Science Training in Thrissur
    • Full Stack Developer Course
      • Full Stack Development Malayalam
      • Full Stack Development Hindi
      • Full Stack Development Tamil
      • Full Stack Development Telugu
      • Full Stack Development Kannada
    • Stock Market Course
      • Stock Market Course in Malayalam
      • Stock Market Course in Tamil
      • Stock Market Course in Kannada
      • Options Trading Course
    • Spoken English Course
      • Spoken English Course in Malayalam
      • Spoken English Course in Hindi
      • Spoken English Course in Telugu
      • Spoken English Course in Tamil
      • Spoken English Course in Kannada
    • Python Programming Course
    • Quantity Surveying Course
    • Performance Marketing Course
    • Practical Accounting Course
      • Tally Course
      • Taxation Course
      • UAE Accounting
      • GST Course
    • Mern Stack Developer Course
      • Full Stack Developer Course in Kochi
      • Full Stack Developer Course in Trivandrum
      • Full Stack Developer Course in Calicut
      • Full Stack Developer Course in Pune
      • Full Stack Developer Course in Bangalore
      • Full Stack Developer Course in Hyderabad
      • Full Stack Developer Course in Chennai
      • Full Stack Developer Course in Indore
      • Full Stack Developer Course in Jaipur
      • Full Stack Developer Course in Coimbatore
    • Digital Marketing Training
      • Digital Marketing Course in Kochi
      • Digital Marketing Course in Trivandrum
      • Digital Marketing Course in Calicut
      • Digital Marketing Course in Kollam
      • Digital Marketing Course in Thrissur
      • Digital Marketing Course in Kottayam
      • Digital Marketing Course in Kannur
    • Other Courses
      • Montessori Teacher Training
      • MEP Course
      • German Language Course
      • OET Coaching
      • Nurses Recruitment Abroad
      • ChatGPT Course
      • Forex Trading Course
      • Yoga Teacher Training Course
      • Oil and Gas Course
      • SAP FICO Course
  • Others
    • Railway
    • SSC
    • GATE
    • MAT
    • KMAT
    • UPSC
    • TET
      • APTET
      • CTET
      • DSSSB
      • Karnataka TET
      • Kerala TET
      • KVS
      • MPTET
      • SUPER TET
      • TNTET
      • TSTET
      • UPTET
  • Aptitude Questions
  • Test Prep
    • PSC Coaching
      • KPSC Degree Level Exam Preparation
      • Kerala PSC 12th Level Exam Preparation
      • Kerala PSC 10th Level Exam Preparation
      • KAS Coaching
      • Kerala PSC LDC Coaching
      • Kerala PSC Fireman Coaching
      • KSFE Assistant Exam Preparation
      • Kerala PSC SI Exam Coaching
      • KTET Coaching
      • SET Coaching
      • Kerala PSC Lecturer in Diet Coaching
      • Khadi Board LDC Exam Preparation
      • LP/UP Assistant Exam Coaching
      • HSST Exam Preparation
      • HSA Exam Preparation
      • EMRS Coaching
      • University LGS Exam Preparation
      • University Assistant Exam Coaching
    • IELTS Training Online
    • Bank Exam Coaching Online
      • IBPS SO Online Coaching
      • IBPSC PO Online Coaching
      • IBPSC Clerk Online Coaching
      • SBI PO Coaching
      • SBI Clerk Online Coaching
      • RBI Grade B Coaching
      • RBI Assistant Coaching
    • UPSC Online Coaching
    • SSC Online Coaching
      • SSC JE Online Coaching
    • RRB JE Online Coaching
      • RRB Exams Coaching
    • CAT Online Coaching
    • GATE Online Coaching
No Result
View All Result
Entri Blog
Spoken Eng
  • HTML Tutorial
  • DSA Tutorials
  • Tutorials in Hindi
    • HTML Tutorial for Beginners in Hindi
    • Python Tutorial for Beginners in Hindi
    • GIT and GITHUB Tutorial for Beginners in Hindi
  • Tutorials in Tamil
    • JavaScript Tutorial in Tamil
  • Tutorials in Telugu
    • HTML Tutorial For Beginners in Telugu
    • CSS Tutorial for Beginners in Telugu
    • Bootstrap Tutorial for Beginner in Telugu
  • Tutorials in Kannada
    • HTML Tutorial For Beginners in Kannada
banner top article banner top article
Home Articles

How to Use Data Science for Stock Market Analysis?

by Kiranlal VT
November 27, 2023
in Articles, Coding, Data Science and Machine Learning, Entri Skilling, Stock Marketing
How to Use Data Science for Stock Market Analysis?
Share on FacebookShare on WhatsAppShare on Telegram

Share market or stock market can be explained as several exchanges where shares of different companies are traded. Trading includes the buying and selling of shares. These markets places are working under some regulations. So we hear in news about the increase and decrease in points in different exchanges. And also we hear about the increase in the price of shares of companies or decrease in the value of shares. These all are happening in share markets. There are a lot of people related to stock markets. Stockbrokers are licensed professionals who can buy and sell shares for investors. There are portfolio managers who make decisions to invest in portfolios. They find the best portfolio which gives good returns. Also, there are investment bankers, custodians, etc who play a key role in the share market.

Enroll Entri for Data Science courses ! Get a free demo video now !

Stock market or share market analysis is an important part of share trading. Keep tracking the movements of shares and buying or selling them to make a profit. In share market prediction plays a key role. For example, an investor who analyses the market and finds a particular company’s share is going up in recent times and is showing steady growth. Based on the recent performance of the share, he decide to buy the share and hope for more growth and sell it when it gains a good price. This is how prediction works in a share market.

Data Science in Stock Market Analysis

Data science is used to find unseen patterns. It uses modern-day tools and techniques to handle a huge volume of data and make meaningful decisions. Data science also helps with business decision-making. In data science, there is a life cycle, based on which data science works. It starts from the acquisition of data, then the processing of data, and then the classification of data after which the predictive analysis comes and at last reporting of data. In the last step, the communication is done. This cycle goes on and on.

Data science includes knowledge in maths, statistics, and programming languages. And it deals with a huge volume of data. In the share market, it needs to deal huge volume of data and also there are some calculations and coding processes involved. So if we use the data science techniques in share market analysis, it is very easy to acquire data and process the data, and find solutions. The portfolio management is assisted by analysts to find out the best portfolios to invest in. With the use of data science, analysts can easily find out the best portfolios available.

Are you aspiring for a booming career in IT? If YES, then dive in
Full Stack Developer Course
Python Programming Course
Data Science and Machine Learning Course

Data Science Concepts for Share Market

Some important concepts are helpful for share market operations. Let us take a look at them.

  • Algorithms

It can be defined as the group of rules used to perform a specific task. Algorithmic trading is where a set of rules is used for the buying and selling of shares in the share market.

  • Training

This is different from the usual training concept. In this concept, data is selected and trained in a machine learning model. This happens with the help of data science. Machine learning models are used to predict the future price of shares. For this purpose, the model needs to be trained with previous data.

  • Testing

In this process, the model is tested. It needs to work well. To find out the performance of the model, we will take the prediction of the model and then compare the data with the training set data.

  • Features and Target

The data related to the stock market is always represented in an excel sheet with a lot of data in it. In that sheet, the price of the share is the target and the rest of the columns will be the features.

  • Modeling

In modeling, past behaviors are used to predict the feature. It is a mathematical approach in data science to predict the feature. The financial data in the share market will always be a time series model. There is another type of modeling called classification. In this type certain points of the data are classified.

  • Overfitting and Underfitting

The performance of the data may be sometimes too much and sometimes it will be too low. Overfitting happens when the prediction of the model is too complex and underfitting happens when the predictions are too simple.

Data Science Course in Different Cities
Data Science Training Course in Trivandrum with Placement Assistance
Data Science Training Course in Thrissur with Placement Assistance
Data Science Training Course in Kochi, Ernakulam with Placement Assistance
Data Science Training Course in Calicut with Placement Assistance

Uses of Data Science in Share Market

Let us look at how data science can be used in share markets.

  • Real-time Market Insights

Stock market data must be at the distance of a single click. Real-time data is needed to make predictions and to make decisions quickly. With the help of data science, the traders will get real-time data from share markets and can make decisions easily.

  • Algorithmic Trading

We have discussed earlier the concept algorithm in the share market. Algorithmic trading means, the models are trained with data and these models help to predict the future of shares.

Data science helps to train the learning models with the algorithm.

be a data scientist with entri app ! 100% placement assistance !

  • Automated Risk Management

In the stock market, the risk factor is inevitable. Data science uses machine learning to tackle the risk problem. The identification, monitoring, and prioritizing of risk is automated, machine learning models will reduce eth chance of human error and thereby reduce the risk factor.

  • Fraud Detection

Data science plays a key role in fraud detection. In the banking sector also we had seen the help of data science in fraud detection. In almost all financial sectors fraud detection is done with the help of data science. With the help of machine learning and artificial intelligence, data scientists detect unusual behavior or anomalies and difference in patterns.

  • Data Management

The data managed by the share market is very huge than we cant imagine. Even if the data are digitized most of the data lack structure. So with the help of the data science life cycle, data scientists can manage the data and can make it effective and useful.

Conclusion

Data Science is a field that has a lot of importance in every business. Every field, especially the finance field is very much dependent on data science and its tools. That is why in share markets also data science plays a key role. Download the Entri app from Google Play Store and Enroll in Data Science courses.

Our Other Courses
MEP Course Quantity Surveying Course Montessori Teachers Training Course
Performance Marketing Course  Practical Accounting Course Yoga Teachers Training Course
Share62SendShare

Kiranlal VT

Related Posts

Top 5 Performance Marketing Certifications to Kickstart Your Career
Articles

Top 5 Performance Marketing Certifications to Kickstart Your Career

December 6, 2023
Accounting Jobs in Germany Scope, Eligibility, and Salary
Accounting

Accounting Jobs in Germany: Scope, Eligibility, and Salary

December 6, 2023
How Long Does It Take to Learn German language A Complete Guide
Articles

How Long Does It Take to Learn German language: A Complete Guide

December 6, 2023
Next Post
How To Make a Bright Career In Data Science?

How To Make a Bright Career In Data Science?

Explore More

  1. Impact of Global Events on the Indian Stock Market
  2. Differences between Rights Shares and Bonus Shares
  3. Indian vs US Stock Market
  4. Difference Between Stock Market And Share Market
  5. How are Stocks Different from Other Investments?
  6. Intraday Option Trading – Strategies
  7. 15 Candlestick Patterns
  8. The Impact of Technology on the Stock Market
  9. Problems of Stock Exchange Listing
  10. What Are Different Types Of Stocks?
  11. How do Mergers and Acquisitions Affect Stock Prices?
  12. What is Short Selling in Stock Market?
  13. How to Trade Options: Strategies for Beginners

Different Trading Courses

  1. Stock Market Courses in Malayalam
  2. Stock Market Courses in Tamil
  3. Stock Market Courses in Kannada
  4. Online Options Trading Course
  5. Forex Trading Course

Courses

  • Data Science Course
  • Full Stack Developer Course
  • Data Science Course in Malayalam
  • Full Stack Developer Course in Malayalam
  • Full Stack Developer Course in Hindi
  • Full Stack Developer Course in Tamil
  • Full Stack Developer Course in Telugu
  • Full Stack Developer Course in Kannada
  • Python Programming Course
  • Practical Accounting Course
  • Quantity Surveying Course
  • Stock Market Course
  • Stock Market Course in Malayalam
  • Stock Market Course in Tamil
  • Stock Market Course in Kannada
  • Options Trading Course

Company

  • Become a teacher
  • Login to Entri Web

Spoken English Courses

  • Spoken English Course
  • Spoken English Course in Malayalam
  • Spoken English Course in Hindi
  • Spoken English Course in Tamil
  • Spoken English Course in Telugu
  • Spoken English Course in Kannada
  • Spoken English Course for Housewives
  • Spoken English Course for Working Professionals
  • Spoken English Course for School Students
  • Spoken English Course for College Students
  • Spoken English Course for Job Seekers
  • AI Powered Spoken English Course

Quick Links

  • Aptitude Questions
  • Articles
  • Videos
  • Entri Daily Quiz Practice
  • Current Affairs & GK
  • News Capsule – eBook
  • Preparation Tips
  • Kerala PSC Gold
  • Entri Skilling
  • Kerala PSC

Other Courses

  • OET Coaching Classes
  • Nurse Recruitment Abroad
  • Forex Trading Course
  • Montessori Teachers Training
  • Performance Marketing Course
  • German Language Course
  • MEP Course
  • Oil and Gas Course Online
  • Yoga Teacher Training Course
  • Digital Marketing Course
  • German Language A1 Course
  • German Language A2 Course
  • German Language B1 Course
  • German Language B2 Course

Popular Exam

  • IBPS Exam
  • SBI Exam
  • Railway RRB Exam
  • Kerala PSC
  • Tamil Nadu PSC
  • Telangana PSC
  • Andhra Pradesh PSC
  • MPPSC
  • UPPSC
  • Karnataka PSC
  • Staff Selection Commission Exam

© 2023 Entri.app - Privacy Policy | Terms of Service

No Result
View All Result
  • State PSC
    • Kerala PSC
      • Kerala PSC Exams
      • Kerala PSC Notification
      • Kerala PSC Exam Calender
      • Kerala PSC Previous Question papers
      • KAS Exam
      • KAS Previous Year Question papers
      • Kerala PSC VEO Notification
      • Kerala Police SI
      • Kerala PSC LDC Notification
      • Kerala PSC LP/UP Assistant
      • Kerala PSC Village Field Assistant Notification
      • Kerala PSC LD Typist Notification
      • Kerala PSC Food Safety Officer
      • Kerala PSC Excise Inspector Notification
      • Kerala PSC BDO Notification
      • Kerala PSC CPO Notification
      • Kerala PSC LGS Notification
    • TNPSC
    • APPSC
    • TSPSC
    • BPSC
    • Karnataka PSC
    • MPPSC
    • UPPSC
  • Banking
    • IBPS PO Notification
    • IBPS Clerk Notification
    • SBI PO Notification
    • SBI Clerk Notification
    • SBI SO Notification
    • SBI Apprentice Notification
    • Canara Bank PO Notification
    • Indian Bank PO Notification
    • RBI Assistant Notification
    • RBI Office Attendant Notification
    • IBPS RRB Notification
    • IBPS RRB Office Assistant Notification
  • Skilling
    • Coding
    • Spoken English
    • Stock Marketing
  • Courses
    • Data Science Course
      • Data Science Malayalam
      • Data Science Training in Kochi
      • Data Science Training in Trivandrum
      • Data Science Course in Calicut
      • Data Science Training in Thrissur
    • Full Stack Developer Course
      • Full Stack Development Malayalam
      • Full Stack Development Hindi
      • Full Stack Development Tamil
      • Full Stack Development Telugu
      • Full Stack Development Kannada
    • Stock Market Course
      • Stock Market Course in Malayalam
      • Stock Market Course in Tamil
      • Stock Market Course in Kannada
      • Options Trading Course
    • Spoken English Course
      • Spoken English Course in Malayalam
      • Spoken English Course in Hindi
      • Spoken English Course in Telugu
      • Spoken English Course in Tamil
      • Spoken English Course in Kannada
    • Python Programming Course
    • Quantity Surveying Course
    • Performance Marketing Course
    • Practical Accounting Course
      • Tally Course
      • Taxation Course
      • UAE Accounting
      • GST Course
    • Mern Stack Developer Course
      • Full Stack Developer Course in Kochi
      • Full Stack Developer Course in Trivandrum
      • Full Stack Developer Course in Calicut
      • Full Stack Developer Course in Pune
      • Full Stack Developer Course in Bangalore
      • Full Stack Developer Course in Hyderabad
      • Full Stack Developer Course in Chennai
      • Full Stack Developer Course in Indore
      • Full Stack Developer Course in Jaipur
      • Full Stack Developer Course in Coimbatore
    • Digital Marketing Training
      • Digital Marketing Course in Kochi
      • Digital Marketing Course in Trivandrum
      • Digital Marketing Course in Calicut
      • Digital Marketing Course in Kollam
      • Digital Marketing Course in Thrissur
      • Digital Marketing Course in Kottayam
      • Digital Marketing Course in Kannur
    • Other Courses
      • Montessori Teacher Training
      • MEP Course
      • German Language Course
      • OET Coaching
      • Nurses Recruitment Abroad
      • ChatGPT Course
      • Forex Trading Course
      • Yoga Teacher Training Course
      • Oil and Gas Course
      • SAP FICO Course
  • Others
    • Railway
    • SSC
    • GATE
    • MAT
    • KMAT
    • UPSC
    • TET
      • APTET
      • CTET
      • DSSSB
      • Karnataka TET
      • Kerala TET
      • KVS
      • MPTET
      • SUPER TET
      • TNTET
      • TSTET
      • UPTET
  • Aptitude Questions
  • Test Prep
    • PSC Coaching
      • KPSC Degree Level Exam Preparation
      • Kerala PSC 12th Level Exam Preparation
      • Kerala PSC 10th Level Exam Preparation
      • KAS Coaching
      • Kerala PSC LDC Coaching
      • Kerala PSC Fireman Coaching
      • KSFE Assistant Exam Preparation
      • Kerala PSC SI Exam Coaching
      • KTET Coaching
      • SET Coaching
      • Kerala PSC Lecturer in Diet Coaching
      • Khadi Board LDC Exam Preparation
      • LP/UP Assistant Exam Coaching
      • HSST Exam Preparation
      • HSA Exam Preparation
      • EMRS Coaching
      • University LGS Exam Preparation
      • University Assistant Exam Coaching
    • IELTS Training Online
    • Bank Exam Coaching Online
      • IBPS SO Online Coaching
      • IBPSC PO Online Coaching
      • IBPSC Clerk Online Coaching
      • SBI PO Coaching
      • SBI Clerk Online Coaching
      • RBI Grade B Coaching
      • RBI Assistant Coaching
    • UPSC Online Coaching
    • SSC Online Coaching
      • SSC JE Online Coaching
    • RRB JE Online Coaching
      • RRB Exams Coaching
    • CAT Online Coaching
    • GATE Online Coaching

© 2023 Entri.app - Privacy Policy | Terms of Service