eprintid: 9698 rev_number: 9 eprint_status: archive userid: 2 dir: disk0/00/00/96/98 datestamp: 2023-11-15 23:30:23 lastmod: 2024-01-02 23:30:22 status_changed: 2023-11-15 23:30:23 type: article metadata_visibility: show creators_name: Khattak, Bilal Hassan Ahmed creators_name: Shafi, Imran creators_name: Khan, Abdul Saboor creators_name: Soriano Flores, Emmanuel creators_name: García Lara, Roberto creators_name: Samad, Md. Abdus creators_name: Ashraf, Imran creators_id: creators_id: creators_id: creators_id: emmanuel.soriano@uneatlantico.es creators_id: creators_id: creators_id: title: A Systematic Survey of AI Models in Financial Market Forecasting for Profitability Analysis ispublished: pub subjects: uneat_eng divisions: uneatlantico_produccion_cientifica divisions: unincol_produccion_cientifica divisions: uninimx_produccion_cientifica divisions: unic_produccion_cientifica divisions: uniromana_produccion_cientifica full_text_status: public keywords: Artificial intelligence, financial forecasting, deep learning, stock market analysis, convolution neural network, cryptocurrency abstract: Artificial intelligence (AI)-based models have emerged as powerful tools in financial markets, capable of reducing investment risks and aiding in selecting highly profitable stocks by achieving precise predictions. This holds immense value for investors, as it empowers them to make data-driven decisions. Identifying current and future trends in multi-class forecasting techniques employed within financial markets, particularly profitability analysis as an evaluation metric is important. The review focuses on examining stud-ies conducted between 2018 and 2023, sourced from three prominent academic databases. A meticulous three-stage approach was employed, encompassing the systematic planning, conduct, and analysis of the se-lected studies. Specifically, the analysis emphasizes technical assessment, profitability analysis, hybrid mod-eling, and the type of results generated by models. Articles were shortlisted based on inclusion and exclusion criteria, while a rigorous quality assessment through ten quality criteria questions, utilizing a Likert-type scale was employed to ensure methodological robustness. We observed that ensemble and hybrid models with long short-term memory (LSTM) and support vector machines (SVM) are being more adopted for financial trends and price prediction. Moreover, hybrid models employing AI algorithms for feature engineering have great potential at par with ensemble techniques. Most studies only employ performance metrics and lack utilization of profitability metrics or investment or trading strategy (simulated or real-time). Similarly, research on multi-class or output is severely lacking in financial forecasting and can be a good avenue for future research. date: 2023-11 publication: IEEE Access volume: 11 pagerange: 125359-125380 id_number: doi:10.1109/ACCESS.2023.3330156 refereed: TRUE issn: 2169-3536 official_url: http://doi.org/10.1109/ACCESS.2023.3330156 access: open language: en citation: Artículo Materias > Ingeniería Universidad Europea del Atlántico > Investigación > Producción Científica Fundación Universitaria Internacional de Colombia > Investigación > Producción Científica Universidad Internacional Iberoamericana México > Investigación > Producción Científica Universidad Internacional do Cuanza > Investigación > Producción Científica Universidad de La Romana > Investigación > Producción Científica Abierto Inglés Artificial intelligence (AI)-based models have emerged as powerful tools in financial markets, capable of reducing investment risks and aiding in selecting highly profitable stocks by achieving precise predictions. This holds immense value for investors, as it empowers them to make data-driven decisions. Identifying current and future trends in multi-class forecasting techniques employed within financial markets, particularly profitability analysis as an evaluation metric is important. The review focuses on examining stud-ies conducted between 2018 and 2023, sourced from three prominent academic databases. A meticulous three-stage approach was employed, encompassing the systematic planning, conduct, and analysis of the se-lected studies. Specifically, the analysis emphasizes technical assessment, profitability analysis, hybrid mod-eling, and the type of results generated by models. Articles were shortlisted based on inclusion and exclusion criteria, while a rigorous quality assessment through ten quality criteria questions, utilizing a Likert-type scale was employed to ensure methodological robustness. We observed that ensemble and hybrid models with long short-term memory (LSTM) and support vector machines (SVM) are being more adopted for financial trends and price prediction. Moreover, hybrid models employing AI algorithms for feature engineering have great potential at par with ensemble techniques. Most studies only employ performance metrics and lack utilization of profitability metrics or investment or trading strategy (simulated or real-time). Similarly, research on multi-class or output is severely lacking in financial forecasting and can be a good avenue for future research. metadata Khattak, Bilal Hassan Ahmed; Shafi, Imran; Khan, Abdul Saboor; Soriano Flores, Emmanuel; García Lara, Roberto; Samad, Md. Abdus y Ashraf, Imran mail SIN ESPECIFICAR, SIN ESPECIFICAR, SIN ESPECIFICAR, emmanuel.soriano@uneatlantico.es, SIN ESPECIFICAR, SIN ESPECIFICAR, SIN ESPECIFICAR (2023) A Systematic Survey of AI Models in Financial Market Forecasting for Profitability Analysis. IEEE Access, 11. pp. 125359-125380. ISSN 2169-3536 document_url: http://repositorio.unini.edu.mx/id/eprint/9698/1/A_Systematic_Survey_of_AI_Models_in_Financial_Market_Forecasting_for_Profitability_Analysis.pdf