Tariq Mahmood, Ibtasam Ahmad, Malik Muhammad Zeeshan Ansar, Jumanah Ahmed Darwish, Rehan Ahmad Khan Sherwani
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Comparative Study of Long Short-Term Memory (LSTM) and Quantum Long Short-Term Memory (QLSTM): Prediction of Stock Market Movement
In recent years, financial analysts have been trying to develop models to
predict the movement of a stock price index. The task becomes challenging in
vague economic, social, and political situations like in Pakistan. In this
study, we employed efficient models of machine learning such as long short-term
memory (LSTM) and quantum long short-term memory (QLSTM) to predict the Karachi
Stock Exchange (KSE) 100 index by taking monthly data of twenty-six economic,
social, political, and administrative indicators from February 2004 to December
2020. The comparative results of LSTM and QLSTM predicted values of the KSE 100
index with the actual values suggested QLSTM a potential technique to predict
stock market trends.