The forecasting of stock prices in ıse ınsurance ındex with artificial neural networks

Abstract

Insurance sector has an important role in financial markets.Insurance as a risk management tool has become an important part of today's business world.Publicly traded companies in the sector also seeing great interest by investors, But, becauseof both economic and sectoral fluctuations, volatility in insurancecompanies' stock prices and returns is observed. Therefore, it is an important issue forinvestors to predict stock prices. In this study, stock prices of seven companies which formISE Insurance Sector Index tried to be estimated with artificial neural network models. Thefindings showed that all the predictions to be successful, especially on predictions that up toone month are quite successful.