Modelling A.I. in Economics

Should You Buy, Sell, or Hold? (NSE WIPRO Stock Forecast) (Forecast)

Different machine learning algorithms are discussed in this literature review. These algorithms can be used for predicting the stock market. The prediction of the stock market is one of the challenging tasks that must have to be handled. In this paper, it is discussed how the machine learning algorithms can be used for predicting the stock value. We evaluate Wipro Limited prediction models with Modular Neural Network (Social Media Sentiment Analysis) and Logistic Regression1,2,3,4 and conclude that the NSE WIPRO 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 Buy NSE WIPRO stock.


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

Key Points

  1. What are buy sell or hold recommendations?
  2. Understanding Buy, Sell, and Hold Ratings
  3. What is Markov decision process in reinforcement learning?

NSE WIPRO Target Price Prediction Modeling Methodology

With technological advancements, big data can be easily generated and collected in many applications. Embedded in these big data are useful information and knowledge that can be discovered by machine learning and data mining models, techniques or algorithms. We consider Wipro Limited Stock Decision Process with Logistic Regression where A is the set of discrete actions of NSE WIPRO 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= p a 1 p a 2 p 1 n p j 1 p j 2 p j n p k 1 p k 2 p k n p n 1 p n 2 p n n X R(Modular Neural Network (Social Media Sentiment Analysis)) X S(n):→ (n+3 month) R = r 1 r 2 r 3

n:Time series to forecast

p:Price signals of NSE WIPRO 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 WIPRO Stock Forecast (Buy or Sell) for (n+3 month)

Sample Set: Neural Network
Stock/Index: NSE WIPRO Wipro Limited
Time series to forecast n: 01 Oct 2022 for (n+3 month)

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

Wipro Limited assigned short-term B3 & long-term B3 forecasted stock rating. We evaluate the prediction models Modular Neural Network (Social Media Sentiment Analysis) with Logistic Regression1,2,3,4 and conclude that the NSE WIPRO 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 Buy NSE WIPRO stock.

Financial State Forecast for NSE WIPRO Stock Options & Futures

Rating Short-Term Long-Term Senior
Outlook*B3B3
Operational Risk 7771
Market Risk4732
Technical Analysis5158
Fundamental Analysis3448
Risk Unsystematic3231

Prediction Confidence Score

Trust metric by Neural Network: 83 out of 100 with 560 signals.

References

  1. Burgess, D. F. (1975), "Duality theory and pitfalls in the specification of technologies," Journal of Econometrics, 3, 105–121.
  2. Dudik M, Erhan D, Langford J, Li L. 2014. Doubly robust policy evaluation and optimization. Stat. Sci. 29:485–511
  3. Vilnis L, McCallum A. 2015. Word representations via Gaussian embedding. arXiv:1412.6623 [cs.CL]
  4. Belsley, D. A. (1988), "Modelling and forecast reliability," International Journal of Forecasting, 4, 427–447.
  5. Chen X. 2007. Large sample sieve estimation of semi-nonparametric models. In Handbook of Econometrics, Vol. 6B, ed. JJ Heckman, EE Learner, pp. 5549–632. Amsterdam: Elsevier
  6. Y. Le Tallec. Robust, risk-sensitive, and data-driven control of Markov decision processes. PhD thesis, Massachusetts Institute of Technology, 2007.
  7. Chernozhukov V, Demirer M, Duflo E, Fernandez-Val I. 2018b. Generic machine learning inference on heteroge- nous treatment effects in randomized experiments. NBER Work. Pap. 24678
Frequently Asked QuestionsQ: What is the prediction methodology for NSE WIPRO stock?
A: NSE WIPRO stock prediction methodology: We evaluate the prediction models Modular Neural Network (Social Media Sentiment Analysis) and Logistic Regression
Q: Is NSE WIPRO stock a buy or sell?
A: The dominant strategy among neural network is to Buy NSE WIPRO Stock.
Q: Is Wipro Limited stock a good investment?
A: The consensus rating for Wipro Limited is Buy and assigned short-term B3 & long-term B3 forecasted stock rating.
Q: What is the consensus rating of NSE WIPRO stock?
A: The consensus rating for NSE WIPRO is Buy.
Q: What is the prediction period for NSE WIPRO stock?
A: The prediction period for NSE WIPRO is (n+3 month)

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