Short/Long Term Stocks: NSE CENTURYPLY Stock Forecast

Stock market predictions are one of the challenging tasks for financial investors across the globe. This challenge is due to the uncertainty and volatility of the stock prices in the market. Due to technology and globalization of business and financial markets it is important to predict the stock prices more quickly and accurately. Last few years there has been much improvement in the field of Neural Network (NN) applications in business and financial markets. Artificial Neural Network (ANN) methods are mostly implemented and play a vital role in decision making for stock market predictions. We evaluate Century Plyboards (India) Limited prediction models with Statistical Inference (ML) and Lasso Regression^1,2,3,4 and conclude that the NSE CENTURYPLY stock is predictable in the short/long term. According to price forecasts for (n+1 year) period: The dominant strategy among neural network is to Hold NSE CENTURYPLY stock.

Keywords: NSE CENTURYPLY, Century Plyboards (India) Limited, stock forecast, machine learning based prediction, risk rating, buy-sell behaviour, stock analysis, target price analysis, options and futures.

Key Points

1. Technical Analysis with Algorithmic Trading
2. Can stock prices be predicted?
3. How do you know when a stock will go up or down?

NSE CENTURYPLY Target Price Prediction Modeling Methodology

The presented paper modeled and predicted stock returns using LSTM. The historical data of stock market were transformed into 30-days-long sequences with 10 learning features and 7-day earning rate labeling. The model was fitted by training on 1200000 sequences and tested using the other 350000 sequences. We consider Century Plyboards (India) Limited Stock Decision Process with Lasso Regression where A is the set of discrete actions of NSE CENTURYPLY 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(Lasso Regression)^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(Statistical Inference (ML)) X S(n):→ (n+1 year) $\overrightarrow{S}=\left(s_1,s_2,s_3\right)$

n:Time series to forecast

p:Price signals of NSE CENTURYPLY 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 CENTURYPLY Stock Forecast (Buy or Sell) for (n+1 year)

Sample Set: Neural Network
Stock/Index: NSE CENTURYPLY Century Plyboards (India) Limited
Time series to forecast n: 29 Sep 2022 for (n+1 year)

According to price forecasts for (n+1 year) period: The dominant strategy among neural network is to Hold NSE CENTURYPLY 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

Century Plyboards (India) Limited assigned short-term Ba3 & long-term Ba2 forecasted stock rating. We evaluate the prediction models Statistical Inference (ML) with Lasso Regression^1,2,3,4 and conclude that the NSE CENTURYPLY stock is predictable in the short/long term. According to price forecasts for (n+1 year) period: The dominant strategy among neural network is to Hold NSE CENTURYPLY stock.

Financial State Forecast for NSE CENTURYPLY Stock Options & Futures

Rating	Short-Term	Long-Term Senior
Outlook*	Ba3	Ba2
Operational Risk	73	79
Market Risk	73	66
Technical Analysis	67	77
Fundamental Analysis	36	75
Risk Unsystematic	75	49

Prediction Confidence Score

Trust metric by Neural Network: 87 out of 100 with 781 signals.

References

1. H. Kushner and G. Yin. Stochastic approximation algorithms and applications. Springer, 1997.
2. Chernozhukov V, Chetverikov D, Demirer M, Duflo E, Hansen C, Newey W. 2017. Double/debiased/ Neyman machine learning of treatment effects. Am. Econ. Rev. 107:261–65
3. Mnih A, Kavukcuoglu K. 2013. Learning word embeddings efficiently with noise-contrastive estimation. In Advances in Neural Information Processing Systems, Vol. 26, ed. Z Ghahramani, M Welling, C Cortes, ND Lawrence, KQ Weinberger, pp. 2265–73. San Diego, CA: Neural Inf. Process. Syst. Found.
4. Breusch, T. S. A. R. Pagan (1979), "A simple test for heteroskedasticity and random coefficient variation," Econometrica, 47, 1287–1294.
5. Morris CN. 1983. Parametric empirical Bayes inference: theory and applications. J. Am. Stat. Assoc. 78:47–55
6. J. Ott. A Markov decision model for a surveillance application and risk-sensitive Markov decision processes. PhD thesis, Karlsruhe Institute of Technology, 2010.
7. Zou H, Hastie T. 2005. Regularization and variable selection via the elastic net. J. R. Stat. Soc. B 67:301–20

Frequently Asked Questions

Q: What is the prediction methodology for NSE CENTURYPLY stock?
A: NSE CENTURYPLY stock prediction methodology: We evaluate the prediction models Statistical Inference (ML) and Lasso Regression
Q: Is NSE CENTURYPLY stock a buy or sell?
A: The dominant strategy among neural network is to Hold NSE CENTURYPLY Stock.
Q: Is Century Plyboards (India) Limited stock a good investment?
A: The consensus rating for Century Plyboards (India) Limited is Hold and assigned short-term Ba3 & long-term Ba2 forecasted stock rating.
Q: What is the consensus rating of NSE CENTURYPLY stock?
A: The consensus rating for NSE CENTURYPLY is Hold.
Q: What is the prediction period for NSE CENTURYPLY stock?
A: The prediction period for NSE CENTURYPLY is (n+1 year)

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