Vakhromeeva E.N., Zenzinova Y.B. Automation of company clustering by ̳financial metrics using the k-means algorithm on big data

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  • admin admin

Keywords:

Clustering, K-means, financial metrics, data analytics, Python, data generation, visualization data, Python, data generation, visualization

Abstract

This article examines the use of the K-means algorithm in Python for clustering companies based on their financial indicators. Synthetic data, including net income, total assets, and revenue of companies, were generated to demonstrate the method. The stages of data preprocessing, normalization, and cluster analysis execution are described. A visualization of the clustering results is provided. The advantages of using Python and its libraries for data analysis, including handling large volumes of data, scalability, and automation, are highlighted. Cluster analysis allows identifying groups of companies with similar economic characteristics, which can contribute to more accurate market segmentation and the development of targeted strategies. This approach enables effective analysis of large volumes of financial data and the identification of hidden patterns, which can be useful for analysts and investors.

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Published

2024-09-09

How to Cite

admin, admin. (2024). Vakhromeeva E.N., Zenzinova Y.B. Automation of company clustering by ̳financial metrics using the k-means algorithm on big data. DISCUSSION | Journal of Scientific Publications on Economic ISSN 2077-7639, 126(5), 46–51. Retrieved from https://discussionj.ru/index.php/polemik/article/view/247

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Section

Mathematical, statistical and instrumental methods in economics(economic scienc)

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