Need Assistance in building a classification model
- Subscribe to RSS Feed
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Mute
- Printer Friendly Page
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Notify Moderator
Hi designers,
I need assistance in building a classification model to predict the stock price movement. I need a model that can predict the variable "next day return predicted value". I am facing issues with generating a model that contains a confusion matrix-false positive and negative.
- Labels:
- Predictive Analysis
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Notify Moderator
The Data School has some blog posts about this:
- https://www.thedataschool.co.uk/louisa-obrien/building-classifier-models-in-alteryx/
- https://www.thedataschool.co.uk/andrew-lehm/alteryx-stats-tools-for-beginners-part-4-classification/
Of course, you need to validate the models too:
- https://community.alteryx.com/t5/Data-Science/Metric-Matters-Part-1-Evaluating-Classification-Models...
- https://community.alteryx.com/t5/Data-Science/How-Do-You-Know-if-Your-Classification-Model-Is-Any-Go...
On the Confusion Matrix part, here's some good articles:
- https://community.alteryx.com/t5/Data-Science/What-is-a-Confusion-Matrix/ba-p/537567
- https://community.alteryx.com/t5/Data-Science/De-Confusing-the-Matrix/ba-p/651382
- https://community.alteryx.com/t5/Alteryx-Designer-Desktop-Discussions/How-to-make-confusion-Matrix-s...
Beyond that, since you're building something like that, it's important to preface by saying that this is not something that can held against anyone should the workflow be wrong.
Alteryx ACE
https://www.linkedin.com/in/calvintangkw/
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Notify Moderator
Predicting the future stock price would be usually "Time Series Prediction", and not a classification problem.
You can go with these tool set.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Notify Moderator
if that's the case how do you utilise the time series tools to predict the stock movement, i have tried the time series forecast tool but it prompted a r project file requried
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Notify Moderator
You have to install Predictive Tools in addition to Designer.
https://help.alteryx.com/current/en/designer/tools/predictive-analytics.html#idm46162922229584
