This paper examines the theory and practice of regression techniques for prediction of stock price trend by using a transformed data set in ordinal data format. The original pretransformed data source contains data of heterogeneous data types used for handling of currency values and financial ratios. The data formats in currency values and financial ratios provide a process for computation of stock prices. The transformed data set contains only a standardized ordinal data type which provides a process to measure rankings of stock price trends. We evaluate Range Resources prediction models with Modular Neural Network (Financial Sentiment Analysis) and Wilcoxon Rank-Sum Test1,2,3,4 and conclude that the RRC 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 RRC stock.
Keywords: RRC, Range Resources, stock forecast, machine learning based prediction, risk rating, buy-sell behaviour, stock analysis, target price analysis, options and futures.
Key Points
- What is prediction model?
- How can neural networks improve predictions?
- Market Signals
RRC Target Price Prediction Modeling Methodology
In the finance world stock trading is one of the most important activities. Stock market prediction is an act of trying to determine the future value of a stock other financial instrument traded on a financial exchange. This paper explains the prediction of a stock using Machine Learning. The technical and fundamental or the time series analysis is used by the most of the stockbrokers while making the stock predictions. We consider Range Resources Stock Decision Process with Wilcoxon Rank-Sum Test where A is the set of discrete actions of RRC 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(Wilcoxon Rank-Sum Test)5,6,7= X R(Modular Neural Network (Financial Sentiment Analysis)) X S(n):→ (n+8 weeks)
n:Time series to forecast
p:Price signals of RRC 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?
RRC Stock Forecast (Buy or Sell) for (n+8 weeks)
Sample Set: Neural NetworkStock/Index: RRC Range Resources
Time series to forecast n: 10 Oct 2022 for (n+8 weeks)
According to price forecasts for (n+8 weeks) period: The dominant strategy among neural network is to Hold RRC 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
Range Resources assigned short-term B2 & long-term Ba1 forecasted stock rating. We evaluate the prediction models Modular Neural Network (Financial Sentiment Analysis) with Wilcoxon Rank-Sum Test1,2,3,4 and conclude that the RRC 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 RRC stock.
Financial State Forecast for RRC Stock Options & Futures
| Rating | Short-Term | Long-Term Senior |
|---|---|---|
| Outlook* | B2 | Ba1 |
| Operational Risk | 56 | 60 |
| Market Risk | 42 | 81 |
| Technical Analysis | 66 | 74 |
| Fundamental Analysis | 64 | 66 |
| Risk Unsystematic | 57 | 75 |
Prediction Confidence Score
References
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- Banerjee, A., J. J. Dolado, J. W. Galbraith, D. F. Hendry (1993), Co-integration, Error-correction, and the Econometric Analysis of Non-stationary Data. Oxford: Oxford University Press.
- J. Z. Leibo, V. Zambaldi, M. Lanctot, J. Marecki, and T. Graepel. Multi-agent Reinforcement Learning in Sequential Social Dilemmas. In Proceedings of the 16th International Conference on Autonomous Agents and Multiagent Systems (AAMAS 2017), Sao Paulo, Brazil, 2017
- V. Mnih, A. P. Badia, M. Mirza, A. Graves, T. P. Lillicrap, T. Harley, D. Silver, and K. Kavukcuoglu. Asynchronous methods for deep reinforcement learning. In Proceedings of the 33nd International Conference on Machine Learning, ICML 2016, New York City, NY, USA, June 19-24, 2016, pages 1928–1937, 2016
- S. Bhatnagar and K. Lakshmanan. An online actor-critic algorithm with function approximation for con- strained Markov decision processes. Journal of Optimization Theory and Applications, 153(3):688–708, 2012.
- White H. 1992. Artificial Neural Networks: Approximation and Learning Theory. Oxford, UK: Blackwell
- Zeileis A, Hothorn T, Hornik K. 2008. Model-based recursive partitioning. J. Comput. Graph. Stat. 17:492–514 Zhou Z, Athey S, Wager S. 2018. Offline multi-action policy learning: generalization and optimization. arXiv:1810.04778 [stat.ML]
Frequently Asked Questions
Q: What is the prediction methodology for RRC stock?A: RRC stock prediction methodology: We evaluate the prediction models Modular Neural Network (Financial Sentiment Analysis) and Wilcoxon Rank-Sum Test
Q: Is RRC stock a buy or sell?
A: The dominant strategy among neural network is to Hold RRC Stock.
Q: Is Range Resources stock a good investment?
A: The consensus rating for Range Resources is Hold and assigned short-term B2 & long-term Ba1 forecasted stock rating.
Q: What is the consensus rating of RRC stock?
A: The consensus rating for RRC is Hold.
Q: What is the prediction period for RRC stock?
A: The prediction period for RRC is (n+8 weeks)
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