Should You Buy Now or Wait? NSE HINDZINC Stock Forecast

Stock prediction is a very hot topic in our life. However, in the early time, because of some reasons and the limitation of the device, only a few people had the access to the study. Thanks to the rapid development of science and technology, in recent years more and more people are devoted to the study of the prediction and it becomes easier and easier for us to make stock prediction by using different ways now, including machine learning, deep learning and so on. We evaluate Hindustan Zinc Limited prediction models with Modular Neural Network (Emotional Trigger/Responses Analysis) and ElasticNet Regression^1,2,3,4 and conclude that the NSE HINDZINC stock is predictable in the short/long term. According to price forecasts for (n+8 weeks) period: The dominant strategy among neural network is to Hold NSE HINDZINC stock.

Keywords: NSE HINDZINC, Hindustan Zinc Limited, stock forecast, machine learning based prediction, risk rating, buy-sell behaviour, stock analysis, target price analysis, options and futures.

Key Points

1. Prediction Modeling
2. Market Risk
3. How accurate is machine learning in stock market?

NSE HINDZINC Target Price Prediction Modeling Methodology

Stock market is considered chaotic, complex, volatile and dynamic. Undoubtedly, its prediction is one of the most challenging tasks in time series forecasting. Moreover existing Artificial Neural Network (ANN) approaches fail to provide encouraging results. Meanwhile advances in machine learning have presented favourable results for speech recognition, image classification and language processing. We consider Hindustan Zinc Limited Stock Decision Process with ElasticNet Regression where A is the set of discrete actions of NSE HINDZINC 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(ElasticNet 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(Modular Neural Network (Emotional Trigger/Responses Analysis)) X S(n):→ (n+8 weeks) $\begin{array}{l}\int e^x\mathrm{rx}\end{array}$

n:Time series to forecast

p:Price signals of NSE HINDZINC 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 HINDZINC Stock Forecast (Buy or Sell) for (n+8 weeks)

Sample Set: Neural Network
Stock/Index: NSE HINDZINC Hindustan Zinc Limited
Time series to forecast n: 27 Sep 2022 for (n+8 weeks)

According to price forecasts for (n+8 weeks) period: The dominant strategy among neural network is to Hold NSE HINDZINC 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

Hindustan Zinc Limited assigned short-term Ba3 & long-term Ba2 forecasted stock rating. We evaluate the prediction models Modular Neural Network (Emotional Trigger/Responses Analysis) with ElasticNet Regression^1,2,3,4 and conclude that the NSE HINDZINC stock is predictable in the short/long term. According to price forecasts for (n+8 weeks) period: The dominant strategy among neural network is to Hold NSE HINDZINC stock.

Financial State Forecast for NSE HINDZINC Stock Options & Futures

Rating	Short-Term	Long-Term Senior
Outlook*	Ba3	Ba2
Operational Risk	58	72
Market Risk	89	58
Technical Analysis	38	54
Fundamental Analysis	89	68
Risk Unsystematic	63	88

Prediction Confidence Score

Trust metric by Neural Network: 88 out of 100 with 697 signals.

References

1. Athey S, Blei D, Donnelly R, Ruiz F. 2017b. Counterfactual inference for consumer choice across many prod- uct categories. AEA Pap. Proc. 108:64–67
2. Burkov A. 2019. The Hundred-Page Machine Learning Book. Quebec City, Can.: Andriy Burkov
3. Breiman L. 1993. Better subset selection using the non-negative garotte. Tech. Rep., Univ. Calif., Berkeley
4. Varian HR. 2014. Big data: new tricks for econometrics. J. Econ. Perspect. 28:3–28
5. J. Harb and D. Precup. Investigating recurrence and eligibility traces in deep Q-networks. In Deep Reinforcement Learning Workshop, NIPS 2016, Barcelona, Spain, 2016.
6. Hastie T, Tibshirani R, Wainwright M. 2015. Statistical Learning with Sparsity: The Lasso and Generalizations. New York: CRC Press
7. Chow, G. C. (1960), "Tests of equality between sets of coefficients in two linear regressions," Econometrica, 28, 591–605.

Frequently Asked Questions

Q: What is the prediction methodology for NSE HINDZINC stock?
A: NSE HINDZINC stock prediction methodology: We evaluate the prediction models Modular Neural Network (Emotional Trigger/Responses Analysis) and ElasticNet Regression
Q: Is NSE HINDZINC stock a buy or sell?
A: The dominant strategy among neural network is to Hold NSE HINDZINC Stock.
Q: Is Hindustan Zinc Limited stock a good investment?
A: The consensus rating for Hindustan Zinc Limited is Hold and assigned short-term Ba3 & long-term Ba2 forecasted stock rating.
Q: What is the consensus rating of NSE HINDZINC stock?
A: The consensus rating for NSE HINDZINC is Hold.
Q: What is the prediction period for NSE HINDZINC stock?
A: The prediction period for NSE HINDZINC is (n+8 weeks)

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