Nowadays, people show more and more enthusiasm for applying machine learning methods to finance domain. Many scholars and investors are trying to discover the mystery behind the stock market by applying deep learning. This thesis compares four machine learning methods: long short-term memory (LSTM), gated recurrent units (GRU), support vector machine (SVM), and eXtreme gradient boosting (XGBoost) to test which one performs the best in predicting the stock trend. We evaluate Axis Bank Limited prediction models with Statistical Inference (ML) and Independent T-Test1,2,3,4 and conclude that the NSE AXISBANK stock is predictable in the short/long term. According to price forecasts for (n+3 month) period: The dominant strategy among neural network is to Hold NSE AXISBANK stock.
Keywords: NSE AXISBANK, Axis Bank Limited, stock forecast, machine learning based prediction, risk rating, buy-sell behaviour, stock analysis, target price analysis, options and futures.
Key Points
- What are the most successful trading algorithms?
- How can neural networks improve predictions?
- Operational Risk
NSE AXISBANK Target Price Prediction Modeling Methodology
Stock market prediction is a crucial and challenging task due to its nonlinear, evolutionary, complex, and dynamic nature. Research on the stock market has been an important issue for researchers in recent years. Companies invest in trading the stock market. Predicting the stock market trend accurately will minimize the risk and bring a maximum amount of profit for all the stakeholders. During the last several years, a lot of studies have been done to predict stock market trends using Traditional, Machine learning and deep learning techniques. We consider Axis Bank Limited Stock Decision Process with Independent T-Test where A is the set of discrete actions of NSE AXISBANK stock holders, F is the set of discrete states, P : S × F × S → R is the transition probability distribution, R : S × F → R is the reaction function, and γ ∈ [0, 1] is a move factor for expectation.1,2,3,4
F(Independent T-Test)5,6,7= X R(Statistical Inference (ML)) X S(n):→ (n+3 month)
n:Time series to forecast
p:Price signals of NSE AXISBANK stock
j:Nash equilibria
k:Dominated move
a:Best response for target price
For further technical information as per how our model work we invite you to visit the article below:
How do AC Investment Research machine learning (predictive) algorithms actually work?
NSE AXISBANK Stock Forecast (Buy or Sell) for (n+3 month)
Sample Set: Neural NetworkStock/Index: NSE AXISBANK Axis Bank Limited
Time series to forecast n: 28 Sep 2022 for (n+3 month)
According to price forecasts for (n+3 month) period: The dominant strategy among neural network is to Hold NSE AXISBANK stock.
X axis: *Likelihood% (The higher the percentage value, the more likely the event will occur.)
Y axis: *Potential Impact% (The higher the percentage value, the more likely the price will deviate.)
Z axis (Yellow to Green): *Technical Analysis%
Conclusions
Axis Bank Limited assigned short-term B1 & long-term Ba3 forecasted stock rating. We evaluate the prediction models Statistical Inference (ML) with Independent T-Test1,2,3,4 and conclude that the NSE AXISBANK stock is predictable in the short/long term. According to price forecasts for (n+3 month) period: The dominant strategy among neural network is to Hold NSE AXISBANK stock.
Financial State Forecast for NSE AXISBANK Stock Options & Futures
| Rating | Short-Term | Long-Term Senior |
|---|---|---|
| Outlook* | B1 | Ba3 |
| Operational Risk | 87 | 88 |
| Market Risk | 89 | 47 |
| Technical Analysis | 32 | 76 |
| Fundamental Analysis | 49 | 43 |
| Risk Unsystematic | 40 | 58 |
Prediction Confidence Score
References
- Mikolov T, Sutskever I, Chen K, Corrado GS, Dean J. 2013b. Distributed representations of words and phrases and their compositionality. In Advances in Neural Information Processing Systems, Vol. 26, ed. Z Ghahramani, M Welling, C Cortes, ND Lawrence, KQ Weinberger, pp. 3111–19. San Diego, CA: Neural Inf. Process. Syst. Found.
- Bastani H, Bayati M. 2015. Online decision-making with high-dimensional covariates. Work. Pap., Univ. Penn./ Stanford Grad. School Bus., Philadelphia/Stanford, CA
- Candès E, Tao T. 2007. The Dantzig selector: statistical estimation when p is much larger than n. Ann. Stat. 35:2313–51
- Clements, M. P. D. F. Hendry (1996), "Intercept corrections and structural change," Journal of Applied Econometrics, 11, 475–494.
- S. J. Russell and P. Norvig. Artificial Intelligence: A Modern Approach. Prentice Hall, Englewood Cliffs, NJ, 3nd edition, 2010
- Imbens G, Wooldridge J. 2009. Recent developments in the econometrics of program evaluation. J. Econ. Lit. 47:5–86
- Li L, Chu W, Langford J, Moon T, Wang X. 2012. An unbiased offline evaluation of contextual bandit algo- rithms with generalized linear models. In Proceedings of 4th ACM International Conference on Web Search and Data Mining, pp. 297–306. New York: ACM
Frequently Asked Questions
Q: What is the prediction methodology for NSE AXISBANK stock?A: NSE AXISBANK stock prediction methodology: We evaluate the prediction models Statistical Inference (ML) and Independent T-Test
Q: Is NSE AXISBANK stock a buy or sell?
A: The dominant strategy among neural network is to Hold NSE AXISBANK Stock.
Q: Is Axis Bank Limited stock a good investment?
A: The consensus rating for Axis Bank Limited is Hold and assigned short-term B1 & long-term Ba3 forecasted stock rating.
Q: What is the consensus rating of NSE AXISBANK stock?
A: The consensus rating for NSE AXISBANK is Hold.
Q: What is the prediction period for NSE AXISBANK stock?
A: The prediction period for NSE AXISBANK is (n+3 month)
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