TARU PUBLICATIONS
 Journal of Statistics and Management Systems cover
Hybrid ·Peer-reviewed·ISSN (Online): 2169-0014·ISSN (Print): 0972-0510

Monthly Journal: Publishes peer-reviewed aticles on theoretical and applied statistics and management systems, expoloring industrial statistics, actuarial and decision sciences.

Issues up to 2022 co-published with and available at:Taylor & Francis Online
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Open Access Research Article

Time series forecasting of stock price of AirAsia Berhad using ARIMA model during COVID- 19

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* Corresponding author · click or hover a name for details

pp. 1421–1429Vol. 26Issue 6September 2023DOI: 10.47974/JSMS-1189XML
Received:
09 May 2023
Published Online:
19 Oct 2023
Article type:
Research Article
Language:
EN
Article no.:
JSMS-1189
Pages:
1421–1429

Abstract

Since the beginning of time, scholars have been interested in developing more precise predictive models because of the significance of stock price prediction in banking and economics. In this study, the price of AirAsia’s shares is predicted using the ARIMA model, a time-series analytic tool included in prediction algorithms. The technique of AirAsia’s stock price forecasting utilising the ARIMA model is demonstrated in the current study paper. Stock price forecasting using the ARIMA model has been done using historical stock data (July 2021) and it run them under Monte Carlo Simulation from Covid-19. It demonstrates that the ARIMA model’s results are more accurate for short-term forecasting and may be supported by current strategies for stock price redaction during COVID-19.

Keywords

Subject Classifications

68T07

References

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