How Does Machine Learning Perform in the Stock Market?

When it comes to using machine learning in the stock market, there are multiple approaches a trader can do to utilize ML models. From determining future risk to predicting stock prices, machine learning can be used for virtually any kind of financial modeling. In our previous articles, we delved into the usage of two Time Series models: SARIMAX and Facebook Prophet. We utilized both of these models to forecast the potential, future prices of Bitcoin. In another article, we used classification models to classify stocks based on their performance in quarterly reports.