The nature of stock market movement has always been ambiguous for investors because of various influential factors. This study aims to significantly reduce the risk of trend prediction with machine learning and deep learning algorithms. We evaluate Callaway Golf Company prediction models with Modular Neural Network (DNN Layer) and Lasso Regression1,2,3,4 and conclude that the ELY stock is predictable in the short/long term. According to price forecasts for (n+16 weeks) period: The dominant strategy among neural network is to Hold ELY stock.
Keywords: ELY, Callaway Golf Company, stock forecast, machine learning based prediction, risk rating, buy-sell behaviour, stock analysis, target price analysis, options and futures.
Key Points
- What are the most successful trading algorithms?
- Is it better to buy and sell or hold?
- Dominated Move
ELY Target Price Prediction Modeling Methodology
Short - term price movements, contribute a considerable measure to the unpredictability of the securities exchanges. Accurately predicting the price fluctuations in stock market is a huge economical advantage. The aforementioned task is generally achieved by analyzing the company, this is called as fundamental analysis. Another method, which is undergoing a lot of research work recently, is to create a predictive algorithmic model using machine learning. To train machines to take trading decisions in such short - period of time, the latter method needs to be adopted. Deep Neural Networks, being the most exceptional innovation in Machine Learning, have been utilized to develop a short-term prediction model. We consider Callaway Golf Company Stock Decision Process with Lasso Regression where A is the set of discrete actions of ELY 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= X R(Modular Neural Network (DNN Layer)) X S(n):→ (n+16 weeks)
n:Time series to forecast
p:Price signals of ELY 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?
ELY Stock Forecast (Buy or Sell) for (n+16 weeks)
Sample Set: Neural NetworkStock/Index: ELY Callaway Golf Company
Time series to forecast n: 11 Oct 2022 for (n+16 weeks)
According to price forecasts for (n+16 weeks) period: The dominant strategy among neural network is to Hold ELY 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
Callaway Golf Company assigned short-term Ba2 & long-term B1 forecasted stock rating. We evaluate the prediction models Modular Neural Network (DNN Layer) with Lasso Regression1,2,3,4 and conclude that the ELY stock is predictable in the short/long term. According to price forecasts for (n+16 weeks) period: The dominant strategy among neural network is to Hold ELY stock.
Financial State Forecast for ELY Stock Options & Futures
| Rating | Short-Term | Long-Term Senior |
|---|---|---|
| Outlook* | Ba2 | B1 |
| Operational Risk | 65 | 67 |
| Market Risk | 67 | 38 |
| Technical Analysis | 73 | 72 |
| Fundamental Analysis | 56 | 41 |
| Risk Unsystematic | 77 | 71 |
Prediction Confidence Score
References
- Kitagawa T, Tetenov A. 2015. Who should be treated? Empirical welfare maximization methods for treatment choice. Tech. Rep., Cent. Microdata Methods Pract., Inst. Fiscal Stud., London
- Dimakopoulou M, Zhou Z, Athey S, Imbens G. 2018. Balanced linear contextual bandits. arXiv:1812.06227 [cs.LG]
- Künzel S, Sekhon J, Bickel P, Yu B. 2017. Meta-learners for estimating heterogeneous treatment effects using machine learning. arXiv:1706.03461 [math.ST]
- Mikolov T, Chen K, Corrado GS, Dean J. 2013a. Efficient estimation of word representations in vector space. arXiv:1301.3781 [cs.CL]
- G. Shani, R. Brafman, and D. Heckerman. An MDP-based recommender system. In Proceedings of the Eigh- teenth conference on Uncertainty in artificial intelligence, pages 453–460. Morgan Kaufmann Publishers Inc., 2002
- Clements, M. P. D. F. Hendry (1996), "Intercept corrections and structural change," Journal of Applied Econometrics, 11, 475–494.
- Bennett J, Lanning S. 2007. The Netflix prize. In Proceedings of KDD Cup and Workshop 2007, p. 35. New York: ACM
Frequently Asked Questions
Q: What is the prediction methodology for ELY stock?A: ELY stock prediction methodology: We evaluate the prediction models Modular Neural Network (DNN Layer) and Lasso Regression
Q: Is ELY stock a buy or sell?
A: The dominant strategy among neural network is to Hold ELY Stock.
Q: Is Callaway Golf Company stock a good investment?
A: The consensus rating for Callaway Golf Company is Hold and assigned short-term Ba2 & long-term B1 forecasted stock rating.
Q: What is the consensus rating of ELY stock?
A: The consensus rating for ELY is Hold.
Q: What is the prediction period for ELY stock?
A: The prediction period for ELY is (n+16 weeks)
- 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)