NKE Target Price Prediction

Abstract

We evaluate Nike prediction models with Modular Neural Network (News Feed Sentiment Analysis) and Independent T-Test^1,2,3,4 and conclude that the NKE 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 NKE stock.

Keywords: NKE, Nike, stock forecast, machine learning based prediction, risk rating, buy-sell behaviour, stock analysis, target price analysis, options and futures.

Key Points

1. Trading Interaction
2. Can machine learning predict?
3. Technical Analysis with Algorithmic Trading

NKE Target Price Prediction Modeling Methodology

We consider Nike Stock Decision Process with Independent T-Test where A is the set of discrete actions of NKE 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= $\begin{array}{cccc}{p}_{\mathrm{a}1}& p_{\mathrm{a}2}& \dots & p_{1n}\\ & ⋮\\ p_{j1}& p_{j2}& \dots & p_{jn}\\ & ⋮\\ p_{k1}& p_{k2}& \dots & p_{kn}\\ & ⋮\\ p_{n1}& p_{n2}& \dots & p_{nn}\end{array}$ X R(Modular Neural Network (News Feed Sentiment Analysis)) X S(n):→ (n+3 month) $\begin{array}{l}\int e^x\mathrm{rx}\end{array}$

n:Time series to forecast

p:Price signals of NKE 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?

NKE Stock Forecast (Buy or Sell) for (n+3 month)

Sample Set: Neural Network
Stock/Index: NKE Nike
Time series to forecast n: 05 Sep 2022 for (n+3 month)

According to price forecasts for (n+3 month) period: The dominant strategy among neural network is to Hold NKE 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

Nike assigned short-term B3 & long-term B1 forecasted stock rating. We evaluate the prediction models Modular Neural Network (News Feed Sentiment Analysis) with Independent T-Test^1,2,3,4 and conclude that the NKE 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 NKE stock.

Financial State Forecast for NKE Stock Options & Futures

Rating	Short-Term	Long-Term Senior
Outlook*	B3	B1
Operational Risk	47	38
Market Risk	56	86
Technical Analysis	35	44
Fundamental Analysis	61	52
Risk Unsystematic	36	75

Prediction Confidence Score

Trust metric by Neural Network: 77 out of 100 with 524 signals.

References

1. Firth JR. 1957. A synopsis of linguistic theory 1930–1955. In Studies in Linguistic Analysis (Special Volume of the Philological Society), ed. JR Firth, pp. 1–32. Oxford, UK: Blackwell
2. Künzel S, Sekhon J, Bickel P, Yu B. 2017. Meta-learners for estimating heterogeneous treatment effects using machine learning. arXiv:1706.03461 [math.ST]
3. Ashley, R. (1983), "On the usefulness of macroeconomic forecasts as inputs to forecasting models," Journal of Forecasting, 2, 211–223.
4. Breiman L. 1996. Bagging predictors. Mach. Learn. 24:123–40
5. D. Bertsekas. Dynamic programming and optimal control. Athena Scientific, 1995.
6. Breusch, T. S. A. R. Pagan (1979), "A simple test for heteroskedasticity and random coefficient variation," Econometrica, 47, 1287–1294.
7. M. J. Hausknecht and P. Stone. Deep recurrent Q-learning for partially observable MDPs. CoRR, abs/1507.06527, 2015

Frequently Asked Questions

Q: What is the prediction methodology for NKE stock?
A: NKE stock prediction methodology: We evaluate the prediction models Modular Neural Network (News Feed Sentiment Analysis) and Independent T-Test
Q: Is NKE stock a buy or sell?
A: The dominant strategy among neural network is to Hold NKE Stock.
Q: Is Nike stock a good investment?
A: The consensus rating for Nike is Hold and assigned short-term B3 & long-term B1 forecasted stock rating.
Q: What is the consensus rating of NKE stock?
A: The consensus rating for NKE is Hold.
Q: What is the prediction period for NKE stock?
A: The prediction period for NKE is (n+3 month)

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