Can AI Beat Traditional Models in Predicting Stock Prices? Evidence from the Saudi Stock Market

Can AI Beat Traditional Models in Predicting Stock Prices? Evidence from the Saudi Stock Market

Predicting stock market movements has long been a challenge for investors, economists, and analysts. Traditional financial models, such as the Capital Asset Pricing Model (CAPM) and the Fama-French Three Factor Model, have been widely used for stock return predictions. However, with the rise of machine learning and deep learning, new techniques such as Convolutional Neural Networks (CNNs) are... Source