Revant
Revant
Mini-Project Progress
S.E. (Computer) Sem - IV
2023-24
STOCK - X
Introduction
Literature Survey
Existing System
Proposed System
Scope
Implementation
Reference
Conclusion
References
ABSTRACT
So, to overcome the problem of data management this web app will help you
provide user friendly stock management..
The app mainly deals with tracking of daily profit, loss and real time stock
values. It also provides daily financial news which will help user to stay updated
in today’s rapidly growing commercial world.
INTRODUCTION
Background
In today's fast-paced and interconnected global economy, the world of stock
trading and investment has become more accessible than ever before.
Motivation
With the evolution of technology and the abundance of financial data, the
motivation to create StockX arose from the desire to bridge the gap between
investors and the intricacies of the stock market.
The primary aim of StockX is to revolutionize the way individuals perceive and
interact with the stock market. Our objective is to provide a one-stop platform
that amalgamates cutting-edge technologies and expert financial analysis,
equipping users with the tools needed to make well-informed investment
choices.
FEATURES:
Stock Analysis.
Predictor.
Finance News.
LITERATURE SURVEY
Technology/tool used:
https://ieeexplore.ieee.org/document/9103381
LITERATURE SURVEY
Technology/tool used
https://sci-hub.se/10.1109/icrieece44171.2018.9009178
LITERATURE SURVEY
Stock Market Forecasting using Sukhman Singh; Tarun 1. Role of Sentiment Data
Machine Learning: Today and Kumar Madan; Jitendra Stock market prediction's
2. Dynamic Nature of Markets
Tomorrow Kumar; Ashutosh Kumar significance, machine learning's
3. Hybrid/Fusion Models
Singh role, and model challenges.
Drawbacks
1. Cost: One of the most significant drawbacks of the Bloomberg Terminal is its high cost.
2. Overwhelming Amount of Information: While the terminal provides an extensive amount of data
and news, this abundance of information can sometimes be overwhelming.
3. Limited Portability: The Bloomberg Terminal is typically installed on desktop computers, which
limits its portability. Users cannot access its full functionality on mobile devices or from remote
locations without special arrangements.
EXISTING SYSTEM
Idea :
The primary idea behind TradingView is to offer a user-friendly and feature-rich
platform for technical analysis and trading in various financial markets, including
stocks, cryptocurrencies and more.
Drawbacks :
1. Limited Historical Data : The amount of historical price data available on
TradingView may be limited compared to more specialized data providers or platforms.
2. Delayed Data: While TradingView provides real-time data for many markets, some
exchanges or instruments may have a slight delay in data updates.
3. Chart Scaling: Users have reported occasional issues with chart scaling and price
discrepancies, especially when viewing data over extended timeframes. This can be
frustrating for traders who require precise charting accuracy.
EXISTING SYSTEM
Drawbacks
1. Complexity : E*TRADE's platform can be complex, especially for beginners. It
offers a wide range of tools and features, which may be overwhelming for new
investors.
2. Account Minimums : Some account types on E*TRADE may have minimum
balance requirements, which could be a barrier for users with limited funds.
3. Fees and Commissions: While E*TRADE has moved towards commission-free
trading for stocks and ETFs, it may still charge fees for certain services, such as
options trading, mutual funds, and broker-assisted trades.
EXISTING SYSTEM
Table of Comparison/summary
Technology Stack Features Supported
Existing System Gap Identified
used
- Comprehensive Stock
Analysis - Real-time market
Proprietary software - Financial High cost and limited
Bloomberg Terminal data sources
data - Predictive Analytics -
accessibility for individuals
Portfolio Management -
Financial News and Analysis
Flowchart :
DESIGN
Block Diagram :
IMPLEMENTATION
CONCLUSION
In the culmination of this project, we have successfully created a stock portfolio management and
prediction system that combines the principles of predictive analytics, modern portfolio
management, and a user-friendly interface. By harnessing a versatile technology stack, including
Node.js, MongoDB, Python, HTML, CSS, and React.js, we've delivered a dynamic toolset for
investors to navigate the intricate landscape of financial markets. The project aims to empower
users, from novices to seasoned investors, with data-driven insights that enhance their investment
decision-making process. The implementation of predictive models, coupled with a holistic approach
to portfolio management, sets the stage for a new era of financial decision-making, offering the
potential for optimized returns and risk mitigation.
this project not only delivers a valuable tool for investors but also paves the way for exciting
possibilities in the world of stock portfolio management and prediction. The future scope is filled
with potential for innovation and refinement, aligning the project with the ever-evolving landscape of
the financial industry.
REFERENCES