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Deep Learning Model for Forecasting Financial Sales Based on Long Short-Term Memory Networks

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Advances in Emerging Trends and Technologies (ICAETT 2019)

Abstract

The present article presents a model LSTM for the forecast of product sales, an alternative in deep learning for this type of dilemmas and not frequent in the area of financial knowledge. It was approached as a time series and following the steps for the construction of models with machine learning. The ILE company of Ecuador provided the data, between 2011 and 2018. The results showed this model has a minimum RMSE error of 2.20 compared to another two models: ARIMA and Single Perceptron.

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Correspondence to Pablo F. Ordoñez-Ordoñez .

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Ordoñez-Ordoñez, P.F., Suntaxi Sarango, M.C., Narváez, C., Ruilova Sánchez, M.d.C., Cueva-Hurtado, M.E. (2020). Deep Learning Model for Forecasting Financial Sales Based on Long Short-Term Memory Networks. In: Botto-Tobar, M., León-Acurio, J., Díaz Cadena, A., Montiel Díaz, P. (eds) Advances in Emerging Trends and Technologies. ICAETT 2019. Advances in Intelligent Systems and Computing, vol 1066. Springer, Cham. https://doi.org/10.1007/978-3-030-32022-5_46

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