An Empirical Study on the Stock Price Analysis and Prediction Based on ARMA Model
Xianbing Cao · Shuxue de shijian yu renshi · 2011
the ARMA model is used to analyze the data of China Merchants Bank(600036) shares at the opening price(2010/10/13-2011/4/8) and to predict the next three days (2011/4/11 -2011/4/13) stock opening price data.In contrast with the actual data,the model prediction error is small,indicating that ARMA model is very suitable for short-term forecasts.