Should You Buy Now or Wait? (ORLY Stock Forecast)

Prediction of stocks is complicated by the dynamic, complex, and chaotic environment of the stock market. Many studies predict stock price movements using deep learning models. Although the attention mechanism has gained popularity recently in neural machine translation, little focus has been devoted to attention-based deep learning models for stock prediction. We evaluate O'Reilly Auto Parts prediction models with Modular Neural Network (Market Direction Analysis) and Logistic Regression^1,2,3,4 and conclude that the ORLY stock is predictable in the short/long term. According to price forecasts for (n+6 month) period: The dominant strategy among neural network is to Hold ORLY stock.

Keywords: ORLY, O'Reilly Auto Parts, stock forecast, machine learning based prediction, risk rating, buy-sell behaviour, stock analysis, target price analysis, options and futures.

Key Points

1. What is the best way to predict stock prices?
2. How do you know when a stock will go up or down?
3. Stock Forecast Based On a Predictive Algorithm

ORLY Target Price Prediction Modeling Methodology

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 consider O'Reilly Auto Parts Stock Decision Process with Logistic Regression where A is the set of discrete actions of ORLY 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(Logistic 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 (Market Direction Analysis)) X S(n):→ (n+6 month) $\begin{array}{l}\int e^x\mathrm{rx}\end{array}$

n:Time series to forecast

p:Price signals of ORLY 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?

ORLY Stock Forecast (Buy or Sell) for (n+6 month)

Sample Set: Neural Network
Stock/Index: ORLY O'Reilly Auto Parts
Time series to forecast n: 22 Sep 2022 for (n+6 month)

According to price forecasts for (n+6 month) period: The dominant strategy among neural network is to Hold ORLY 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

O'Reilly Auto Parts assigned short-term Baa2 & long-term B2 forecasted stock rating. We evaluate the prediction models Modular Neural Network (Market Direction Analysis) with Logistic Regression^1,2,3,4 and conclude that the ORLY stock is predictable in the short/long term. According to price forecasts for (n+6 month) period: The dominant strategy among neural network is to Hold ORLY stock.

Financial State Forecast for ORLY Stock Options & Futures

Rating	Short-Term	Long-Term Senior
Outlook*	Baa2	B2
Operational Risk	78	35
Market Risk	78	61
Technical Analysis	72	48
Fundamental Analysis	54	90
Risk Unsystematic	80	40

Prediction Confidence Score

Trust metric by Neural Network: 82 out of 100 with 715 signals.

References

1. Burgess, D. F. (1975), "Duality theory and pitfalls in the specification of technologies," Journal of Econometrics, 3, 105–121.
2. LeCun Y, Bengio Y, Hinton G. 2015. Deep learning. Nature 521:436–44
3. M. Petrik and D. Subramanian. An approximate solution method for large risk-averse Markov decision processes. In Proceedings of the 28th International Conference on Uncertainty in Artificial Intelligence, 2012.
4. Gentzkow M, Kelly BT, Taddy M. 2017. Text as data. NBER Work. Pap. 23276
5. Tibshirani R, Hastie T. 1987. Local likelihood estimation. J. Am. Stat. Assoc. 82:559–67
6. Artis, M. J. W. Zhang (1990), "BVAR forecasts for the G-7," International Journal of Forecasting, 6, 349–362.
7. Wan M, Wang D, Goldman M, Taddy M, Rao J, et al. 2017. Modeling consumer preferences and price sensitiv- ities from large-scale grocery shopping transaction logs. In Proceedings of the 26th International Conference on the World Wide Web, pp. 1103–12. New York: ACM

Frequently Asked Questions

Q: What is the prediction methodology for ORLY stock?
A: ORLY stock prediction methodology: We evaluate the prediction models Modular Neural Network (Market Direction Analysis) and Logistic Regression
Q: Is ORLY stock a buy or sell?
A: The dominant strategy among neural network is to Hold ORLY Stock.
Q: Is O'Reilly Auto Parts stock a good investment?
A: The consensus rating for O'Reilly Auto Parts is Hold and assigned short-term Baa2 & long-term B2 forecasted stock rating.
Q: What is the consensus rating of ORLY stock?
A: The consensus rating for ORLY is Hold.
Q: What is the prediction period for ORLY stock?
A: The prediction period for ORLY is (n+6 month)

Premium

• Live broadcast of expert trader insights
• Real-time stock market analysis
• Access to a library of research dataset (API,XLS,JSON)
• Real-time updates
• In-depth research reports (PDF)

Login