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Technical Report | Financial Engineering | India | Volume 13 Issue 4, April 2024 | Popularity: 4.6 / 10
Random Forest Classifier to Predict Financial Data
Aumkar Wagle
Abstract: Random Forest Classifier is a powerful machine learning algorithm widely utilized in the field of finance to predict uptrends and downtrends in financial data. By leveraging the collective wisdom of multiple decision trees, the Random Forest Classifier excels in handling complex datasets with numerous features and variables. This ensemble learning technique works by aggregating the predictions of individual decision trees to provide accurate and reliable classifications, making it a popular choice for financial analysts and traders seeking to forecast market movements and make informed investment decisions.
Keywords: Random Forest Classifier, machine learning
Edition: Volume 13 Issue 4, April 2024
Pages: 1932 - 1943
DOI: https://www.doi.org/10.21275/SR24418155701
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