ISSN: 2168-9458
+44 1223 790975
Department of Engineering Management, Birla Institute of Technology, Mesra, India
Research Article
Effect of Covid19 global stock and share market of major IT giants of world.
Author(s): Jolly Masih*, Rajkumar Rajasekaran, Neha Saini and Damandeep Kaur
In the current period of time, when there is havoc across the world due to COVID-19 virus outbreak, it becomes very important to foresee the impact of this pandemic on the world economy. This has attracted us to analyze and predict the stock market prices of some international IT international companies which provide employment to thousands of people and create revenue for many countries namely Google, Microsoft, Apple and Amazon. In this study, we have implemented algorithms such as SVM and LSTM on stock market data to see if major IT companies see a rise or fall during the COVID-19 pandemic. We have also used ARIMA forecasting method to predict the stocks of above mentioned 4 companies. This paper provides a simple but original statistical analysis of the impact of the COVID-19 pandemic on stock market risk for 4 major IT companies of the world. Results revealed that while some busi.. View More»
DOI:
10.4172/2168-9458.23.10.229