Analysis and Prediction of Healthcare Sector Stock Price Using Machine Learning Techniques: Healthcare Stock Analysis

Background

The efficiency of the stock market prediction model is constrained by the fact that the prices of stock prices are highly unpredictable, volatile and constantly changing. The accuracy of prediction is also affected by a set of other economic and social factors which cannot be digitalized as per today’s technology. Precisely predicting the value of a stock also depends on various conditions like supply and demand, psychology and behaviour of investor etc. are some of the theories that cannot be incorporated into the model right now but there are chances of technologies emerging in the future which take advantage of such factors to generate a more accurate result. However, we have included twitter sentiment analysis which improves the accuracy of prediction by incorporating twitter data about current ongoing events. (P. Ladyzynski et. al., 2013).