Thesis Abstract

Abstract
Financial time series forecasting plays a crucial role in decision-making processes within the financial sector. The effective prediction of asset prices, market trends, and other financial indicators is essential for maximizing investment returns and minimizing risks. Traditional forecasting methods often struggle to capture the complexity and non-linearity inherent in financial data. In recent years, machine learning algorithms have emerged as powerful tools for improving the accuracy and efficiency of financial time series forecasting. This thesis explores the application of machine learning algorithms in financial time series forecasting and evaluates their effectiveness in predicting market trends. The thesis begins with a comprehensive introduction that outlines the background of the study, defines the problem statement, and establishes the objectives of the research. The limitations and scope of the study are also identified, highlighting the significance of applying machine learning algorithms in financial forecasting. A detailed review of relevant literature is presented in Chapter Two, which discusses the principles and applications of machine learning in financial time series forecasting. The chapter provides insights into various machine learning algorithms, their strengths, weaknesses, and potential applications in financial forecasting. Chapter Three focuses on the research methodology employed in this study, detailing the data collection process, variable selection, model training, and evaluation techniques. The chapter also discusses the features of the dataset used for the experiments and the rationale behind the selection of specific machine learning algorithms. A thorough analysis of the findings obtained from the experiments is presented in Chapter Four, where the performance of different machine learning algorithms in predicting financial time series data is evaluated and compared. The chapter also discusses the factors influencing the accuracy and robustness of the forecasting models. In conclusion, Chapter Five summarizes the key findings of the study, highlighting the effectiveness of machine learning algorithms in financial time series forecasting. The thesis concludes with recommendations for further research and practical applications of machine learning in the financial sector. Overall, this thesis contributes to the growing body of knowledge on the application of machine learning algorithms in financial forecasting, emphasizing the potential benefits of integrating these advanced techniques into decision-making processes within the financial industry. Keywords Financial Time Series Forecasting, Machine Learning Algorithms, Predictive Modeling, Financial Markets, Data Analysis.

Thesis Overview