You are tasked with developing an ML model to predict stock prices. Midway through the project, you notice the model performs well on training data but poorly on unseen data. What strategies would you implement to rectify this issue?
- Increase the size of the training dataset.
- Fine-tune the model hyperparameters.
- Implement regularization techniques like dropout.
- Use time series-specific features and cross-validation.
To improve the performance of an ML model for stock price prediction, it's crucial to incorporate time series-specific features and use cross-validation to evaluate the model's ability to generalize to unseen data. This will help address overfitting issues.
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