Research on application of machine learning algorithm in digital economy

Abstract

This paper mainly uses support vector machine, random forest, logistic regression, and other machine learning algorithms to analyze the core data of listed companies, and then monitor their operating conditions and predict their bankruptcy probability. At the same time, the prediction effects of the three machine learning methods are evaluated by confusion matrix, ROC curve and other methods and indicators, and the best effect of the method is found. By predicting the bankruptcy probability of listed companies this study further supplements and improves the theory of machine learning algorithm on economic quantitative analysis.