A Compact Literature Review on Stock Market Prediction

Stock market forecasting has been incredibly hard since it necessitates in-depth knowledge of news events, historical data analysis, as well as the influence of news on stock price movements. The situation is compounded much more difficult by the extreme movement of the stock price patterns. Nevertheless, there is indeed a scarcity of literature that provides a comprehensive review of a general background of stock forecasting. This report gives a complete literature review to fill up this research gap. Data preprocessing strategies, feature extraction techniques, prediction techniques, and future prospects are all covered in length in this literature review. This research is noteworthy yet unique in that it develops a structured methodology for stock price prediction and identifies the advantages and flaws of previous techniques. It covers a wide range of outstanding challenges as well as research topics that the research community may find useful.