Khon Kaen University wins research grant from the Ministry of Higher Education, Science, Research and Innovation to develop AI to analyze sustainable stocks, helping modern investors make informed decisions.
The research work of Asst. Prof. Umawadi Decha-thamrong, a researcher from the College of Local Administration, Khon Kaen University, was selected as one of the 10 projects that received research funding for the first generation of capital market researchers from the Office of the Permanent Secretary of the Ministry of Higher Education, Science, Research and Innovation (MHESI) in collaboration with the Capital Market Development Fund (CMDF) to develop an AI model that can accurately and transparently predict the price of ESG (Environmental, Social, and Governance) stocks on March 24, 2025. In the past few years, investment trends in capital markets around the world have clearly changed, with investors placing more importance on “sustainable stocks” or ESG stocks, which consider environmental, social, and governance factors alongside financial performance. In addition, studies from world-class research institutes confirm that businesses with good ESG reflect their competitiveness and long-term growth potential. However, the Thai capital market still lacks tools that help investors make decisions to invest in this group of stocks effectively, especially models that can predict stock prices in a transparent and explainable manner. From these challenges, Asst. Prof. Umawadi Decha-thamrong from the College of Local Administration, Khon Kaen University, has developed a research project “Application of Machine Learning in Sustainable Stock Price Forecasting: Development of a Transparent and Explainable Model for the Thai Capital Market”, which aims to develop AI […]
