Design and Implementation of Stock Market Prediction System for Used Cars in Nigeria

Stock market prediction of commodities have undergone changes from the traditional to modern methods of using machine learning.  Hence, the objective of this study was to design and implement a stock market price prediction system for used cars in Nigeria using machine learning techniques, the extr...

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Main Authors: A. A. Ibrahim, A. A. Alabi, O. A. Ayilara-Adewale, F. R. Olokun-Olukotun
Format: Article
Language:English
Published: Joint Coordination Centre of the World Bank assisted National Agricultural Research Programme (NARP) 2025-03-01
Series:Journal of Applied Sciences and Environmental Management
Subjects:
Online Access:https://www.ajol.info/index.php/jasem/article/view/291691
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author A. A. Ibrahim
A. A. Alabi
O. A. Ayilara-Adewale
F. R. Olokun-Olukotun
author_facet A. A. Ibrahim
A. A. Alabi
O. A. Ayilara-Adewale
F. R. Olokun-Olukotun
author_sort A. A. Ibrahim
collection DOAJ
description Stock market prediction of commodities have undergone changes from the traditional to modern methods of using machine learning.  Hence, the objective of this study was to design and implement a stock market price prediction system for used cars in Nigeria using machine learning techniques, the extra tree algorithm and support vector machine (SVM). The dataset used included such attributes as fuel type, number of doors, number of cylinders, drive wheel and price amongst others. The model was designed by training and testing using pre-processed data. Python programming language was used in the implementation. The results obtained for the mean square error and the R-squared showed high accuracy and therefore made the model ideal for car price prediction in the automobile Nigerian market.
format Article
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institution OA Journals
issn 2659-1502
2659-1499
language English
publishDate 2025-03-01
publisher Joint Coordination Centre of the World Bank assisted National Agricultural Research Programme (NARP)
record_format Article
series Journal of Applied Sciences and Environmental Management
spelling doaj-art-a6a616f82ed246f2a0300f8bfa635eff2025-08-20T02:10:06ZengJoint Coordination Centre of the World Bank assisted National Agricultural Research Programme (NARP)Journal of Applied Sciences and Environmental Management2659-15022659-14992025-03-01293Design and Implementation of Stock Market Prediction System for Used Cars in Nigeria A. A. IbrahimA. A. AlabiO. A. Ayilara-AdewaleF. R. Olokun-Olukotun Stock market prediction of commodities have undergone changes from the traditional to modern methods of using machine learning.  Hence, the objective of this study was to design and implement a stock market price prediction system for used cars in Nigeria using machine learning techniques, the extra tree algorithm and support vector machine (SVM). The dataset used included such attributes as fuel type, number of doors, number of cylinders, drive wheel and price amongst others. The model was designed by training and testing using pre-processed data. Python programming language was used in the implementation. The results obtained for the mean square error and the R-squared showed high accuracy and therefore made the model ideal for car price prediction in the automobile Nigerian market. https://www.ajol.info/index.php/jasem/article/view/291691Tokunbo; Used cars; Extra tree; Machine learning; Stock market
spellingShingle A. A. Ibrahim
A. A. Alabi
O. A. Ayilara-Adewale
F. R. Olokun-Olukotun
Design and Implementation of Stock Market Prediction System for Used Cars in Nigeria
Journal of Applied Sciences and Environmental Management
Tokunbo; Used cars; Extra tree; Machine learning; Stock market
title Design and Implementation of Stock Market Prediction System for Used Cars in Nigeria
title_full Design and Implementation of Stock Market Prediction System for Used Cars in Nigeria
title_fullStr Design and Implementation of Stock Market Prediction System for Used Cars in Nigeria
title_full_unstemmed Design and Implementation of Stock Market Prediction System for Used Cars in Nigeria
title_short Design and Implementation of Stock Market Prediction System for Used Cars in Nigeria
title_sort design and implementation of stock market prediction system for used cars in nigeria
topic Tokunbo; Used cars; Extra tree; Machine learning; Stock market
url https://www.ajol.info/index.php/jasem/article/view/291691
work_keys_str_mv AT aaibrahim designandimplementationofstockmarketpredictionsystemforusedcarsinnigeria
AT aaalabi designandimplementationofstockmarketpredictionsystemforusedcarsinnigeria
AT oaayilaraadewale designandimplementationofstockmarketpredictionsystemforusedcarsinnigeria
AT frolokunolukotun designandimplementationofstockmarketpredictionsystemforusedcarsinnigeria