Business Analytics and Making Decision Based on Kalman Filter in Stock Prediction Case

Research output: Contributions to collected editions/worksArticle in conference proceedingsResearchpeer-review

Standard

Business Analytics and Making Decision Based on Kalman Filter in Stock Prediction Case. / Kurniawan, Stephen; Mercorelli, Paolo.
5th Congress on Intelligent Systems, CIS 2024: Volume 1. ed. / Sandeep Kumar; E.A. Mary Anita; Joong Hoon Kim; Atulya Nagar. Springer Science and Business Media Deutschland, 2025. p. 309-320 (Lecture Notes in Networks and Systems; Vol. 1275).

Research output: Contributions to collected editions/worksArticle in conference proceedingsResearchpeer-review

Harvard

Kurniawan, S & Mercorelli, P 2025, Business Analytics and Making Decision Based on Kalman Filter in Stock Prediction Case. in S Kumar, EA Mary Anita, JH Kim & A Nagar (eds), 5th Congress on Intelligent Systems, CIS 2024: Volume 1. Lecture Notes in Networks and Systems, vol. 1275, Springer Science and Business Media Deutschland, pp. 309-320, 5th Congress on Intelligent Systems, CIS 2024, Bengaluru, India, 04.09.24. https://doi.org/10.1007/978-981-96-2694-6_21

APA

Kurniawan, S., & Mercorelli, P. (2025). Business Analytics and Making Decision Based on Kalman Filter in Stock Prediction Case. In S. Kumar, E. A. Mary Anita, J. H. Kim, & A. Nagar (Eds.), 5th Congress on Intelligent Systems, CIS 2024: Volume 1 (pp. 309-320). (Lecture Notes in Networks and Systems; Vol. 1275). Springer Science and Business Media Deutschland. https://doi.org/10.1007/978-981-96-2694-6_21

Vancouver

Kurniawan S, Mercorelli P. Business Analytics and Making Decision Based on Kalman Filter in Stock Prediction Case. In Kumar S, Mary Anita EA, Kim JH, Nagar A, editors, 5th Congress on Intelligent Systems, CIS 2024: Volume 1. Springer Science and Business Media Deutschland. 2025. p. 309-320. (Lecture Notes in Networks and Systems). doi: 10.1007/978-981-96-2694-6_21

Bibtex

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title = "Business Analytics and Making Decision Based on Kalman Filter in Stock Prediction Case",
abstract = "This paper explores the application of the Kalman filter algorithm in estimating the true value of stocks in finance. By filtering out noise from stock price data, the Kalman filter provides insights into the intrinsic worth of stocks, aiding investment decision-making. Combining the Kalman filter (KF) with the Rolling Windows technique enhances trading strategies based on market conditions. The study highlights the simplicity and effectiveness of the Kalman filter and suggests future enhancements, such as incorporating financial models and adapting to market volatility. These directions aim to refine the algorithm{\textquoteright}s capabilities in capturing complex financial dynamics and improving prediction accuracy in uncertain market environments.",
keywords = "Financial modeling, Investment decision-making, Kalman filter, Market volatility, Rolling windows, Stock valuation, Engineering",
author = "Stephen Kurniawan and Paolo Mercorelli",
note = "Publisher Copyright: {\textcopyright} The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2025.; 5th Congress on Intelligent Systems, CIS 2024 ; Conference date: 04-09-2024 Through 05-09-2024",
year = "2025",
month = may,
day = "27",
doi = "10.1007/978-981-96-2694-6_21",
language = "English",
isbn = "9789819626939",
series = "Lecture Notes in Networks and Systems",
publisher = "Springer Science and Business Media Deutschland",
pages = "309--320",
editor = "Sandeep Kumar and {Mary Anita}, E.A. and Kim, {Joong Hoon} and Atulya Nagar",
booktitle = "5th Congress on Intelligent Systems, CIS 2024",
address = "Germany",

}

RIS

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T1 - Business Analytics and Making Decision Based on Kalman Filter in Stock Prediction Case

AU - Kurniawan, Stephen

AU - Mercorelli, Paolo

N1 - Publisher Copyright: © The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2025.

PY - 2025/5/27

Y1 - 2025/5/27

N2 - This paper explores the application of the Kalman filter algorithm in estimating the true value of stocks in finance. By filtering out noise from stock price data, the Kalman filter provides insights into the intrinsic worth of stocks, aiding investment decision-making. Combining the Kalman filter (KF) with the Rolling Windows technique enhances trading strategies based on market conditions. The study highlights the simplicity and effectiveness of the Kalman filter and suggests future enhancements, such as incorporating financial models and adapting to market volatility. These directions aim to refine the algorithm’s capabilities in capturing complex financial dynamics and improving prediction accuracy in uncertain market environments.

AB - This paper explores the application of the Kalman filter algorithm in estimating the true value of stocks in finance. By filtering out noise from stock price data, the Kalman filter provides insights into the intrinsic worth of stocks, aiding investment decision-making. Combining the Kalman filter (KF) with the Rolling Windows technique enhances trading strategies based on market conditions. The study highlights the simplicity and effectiveness of the Kalman filter and suggests future enhancements, such as incorporating financial models and adapting to market volatility. These directions aim to refine the algorithm’s capabilities in capturing complex financial dynamics and improving prediction accuracy in uncertain market environments.

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KW - Investment decision-making

KW - Kalman filter

KW - Market volatility

KW - Rolling windows

KW - Stock valuation

KW - Engineering

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A2 - Mary Anita, E.A.

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A2 - Nagar, Atulya

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T2 - 5th Congress on Intelligent Systems, CIS 2024

Y2 - 4 September 2024 through 5 September 2024

ER -