Given the earnings volatility companies experience, we have specified for these issuers a more stringent decline in EBITDA percentage for each liquidity category to the extent our cash flow forecasts are not already assuming a downside scenario.
We estimate ELGIRUBCO Elgi Rubber Company Limited stock forecast parameters by: Bollinger Bands Width with Wilcoxon Sign-Rank Test
ELGIRUBCO Elgi Rubber Company Limited Stock Forecast (Buy or Sell) as of 24 May 2022 for (n+30)
Machine Learning utilizes multiple learning algorithms to obtain better predictive powers. In our research, we utilize machine learning to combine the results from the Neural Network with Bollinger Bands Width and Wilcoxon Sign-Rank Test. Machine Learning based stock forecast (n+30) for ELGIRUBCO Elgi Rubber Company Limited as below:Time series to forecast n: 24 May 2022 for (n+30)
y axis:Potential Impact %
z axis:Color (yellow to green) Technical Analysis %
