A portfolio recommendation system based on machine learning and big data analytics
journal contribution
posted on 2023-08-30, 20:35 authored by Man Fai Leung, Abdullah Jawaid, Sai-Wang Ip, Chun-Hei Kwok, Shing YanThis research paper introduces a portfolio recommendation system that utilizes machine
learning and big data analytics to offer a profitable stock portfolio and stock analytics via a web ap-
plication. The system’s effectiveness was evaluated through backtesting and user evaluation studies,
which consisted of two parts: user evaluation and performance evaluation. The findings indicate that
the development of a machine learning-based portfolio recommendation system and big data analytics
can effectively meet the expectations of the majority of users and enhance users’ financial knowledge.
This study contributes to the growing body of research on utilizing advanced technologies for portfolio
recommendation and highlights the potential of machine learning and big data analytics in the financial
industry.
History
Refereed
- Yes
Volume
3Issue number
2Page range
152-165Publication title
Data Science in Finance and EconomicsISSN
2769-2140External DOI
Publisher
AIMS PressFile version
- Submitted version
Language
- eng