Regional analytics and forecasting for most affected stock markets: The case of GCC stock markets during COVID-19 pandemic

نویسندگان

چکیده

This paper determines the most affected stock market by COVID-19 among GCC markets and extracts factors that increase this effect. Recommendations from analytics results are studied, which can mitigate financial impacts taking proper actions to reduce them. Despite taken countries worldwide prevent spread of COVID-19, effects still unidentified. Recently, caused a decline in indicators because sectors witnessed recession curfews imposed limit virus. Different datasets collected “Trading Economics” website, related for each Gulf Cooperation Council (GCC) country. In addition, constructing visualizations critical support facts extracted correlation showed Bahrain was pandemic with 47,351 confirmed cases per million populations. Moreover, building forecasting model using Artificial Neural Network establish how virus will continue spreading until end May 2020. The Kuwait pandemic, average losses ?0.28. would soon ?0.29, so next two months, be ?0.35%, GCC.

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ژورنال

عنوان ژورنال: International Journal of Systems Assurance Engineering and Management

سال: 2021

ISSN: ['0976-4348', '0975-6809']

DOI: https://doi.org/10.1007/s13198-021-01445-9