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The stocko budget

The heart of best financial planning!

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The stocko budget

The heart of best financial planning!

The problem The stocko budget solves

Theme: Finance Management

We all know that planning our investments and vice budget Calculations is very vital for any finance company. When you are into finance, the Stock market is something that you always have a temptation to look into. Also, Calculating and estimating the budget to check if it would go well is another task on hand.

We have come up with a one-stop solution for the below-mentioned problems.

  1. Should you invest in the Stock Market? What will be the price of Stock this time? Is it safe to Invest?
  2. Will the budget that I have got now be sufficient? Will my budget go overboard?

We have built a website and a flutter application for

  1. Predicting the Stock price using deep learning
  2. Budget analysis using Monte Carlo simulation
  1. Predicting the Stock Price using deep learning:
    Using Tensorflow and bi-directional LSTM, we have prepared a model that could predict the Stock Price from the current opening price. The input that we take is the opening price of the stock. By analyzing the trends, the model will predict the stock price. This can be very helpful for a person who is a beginner and is planning to invest in the stock market. He will be able to know what trends the stock follows and whether he will be able to achieve the profit that he is aiming for.

  2. Budget analysis using Monte Carlo simulation
    Here, The user can input his/her budget and the model tells him/her if the budget is okay or whether it goes overboard. This is very essential as a person into finance must have an idea of his budget and the losses/ profit he might incur.

About the Project

We have made a website with HTML, CSS, and JavaScript as Front-End and Flask as Backend. We have implemented these 2 models on the webpage along with a home page and a page describing the project.

We have also made a flutter app using flutter and Dart(Web view)

We hope that this product will be helpful to people who are putting their first step to finance.

Challenges we ran into

The Challenges and enhancements that we are planning to make:

  1. We are also planning to make the stock price prediction specific to companies by obtaining the dataset of previous stocks of specific companies. This is a future enhancement that we are planning to make as the customers of our website will find it more specific and will know exactly to which company they must invest to.
  2. The present flutter app uses web view component. We will be developing a custom app for the same without having to need the website for the functioning of the app.

Discussion