Optimization of Decision Support System in Investment Risk Management with Firefly Algorithm

Ajang Sopandi

Abstract


This research focuses on optimizing the decision support system in investment risk management using Firefly Algorithm. The data used in this research is obtained from the Kaggle repository. The research aims to compare the performance of Firefly Algorithm with other optimization algorithms such as Genetic Algorithm, Particle Swarm Optimization, and Simulated Annealing. This research applies Firefly Algorithm and other optimization algorithms individually to the investment risk management system to analyze and compare their performance. The results show that Firefly Algorithm outperforms other optimization algorithms in terms of finding optimal solutions and minimizing investment risk. Firefly Algorithm can effectively identify the best investment options to avoid risks, which can bring significant benefits to investors and companies. The findings of this study show that Firefly Algorithm can be a useful tool in the investment risk management system. The application of Firefly Algorithm in the investment risk management decision-making process can improve decision-making and help investors avoid risks and maximize their profits. The novelty of this research is the application of the Firefly algorithm to optimize the decision support system in investment risk management. It aims to identify the best option in avoiding investment risk and maximizing profit. In addition, this research also compares the performance of the Firefly algorithm with other algorithms such as Genetic Algorithm, Particle Swarm Optimization, and Simulated Annealing in solving optimization problems in the investment field.

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Keywords


Data Mining; Firefly Algorithm; Decision Support System

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Journal of Applied Data Sciences

ISSN : 2723-6471 (Online)
Organized by : Computer Science and Systems Information Technology, King Abdulaziz University, Kingdom of Saudi Arabia.
Website : http://bright-journal.org/JADS
Email : taqwa@amikompurwokerto.ac.id (principal contact)
    husniteja@uinjkt.ac.id (managing editor)
    support@bright-journal.org (technical issues)

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