AC Investment Research

BML^J Bank of America Corporation Bank of America Corporation Depositary Shares (Each representing a 1/1200th interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series 4) Research Report

Outlook: Bank of America Corporation Bank of America Corporation Depositary Shares (Each representing a 1/1200th interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series 4) assigned short-term B2 & long-term Caa1 forecasted stock rating.
Dominant Strategy : Sell
Time series to forecast n: 10 Dec 2022 for (n+4 weeks)
Methodology : Modular Neural Network (Speculative Sentiment Analysis)

Abstract

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.(Khare, K., Darekar, O., Gupta, P. and Attar, V.Z., 2017, May. Short term stock price prediction using deep learning. In 2017 2nd IEEE international conference on recent trends in electronics, information & communication technology (RTEICT) (pp. 482-486). IEEE.) We evaluate Bank of America Corporation Bank of America Corporation Depositary Shares (Each representing a 1/1200th interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series 4) prediction models with Modular Neural Network (Speculative Sentiment Analysis) and Pearson Correlation1,2,3,4 and conclude that the BML^J stock is predictable in the short/long term. According to price forecasts for (n+4 weeks) period, the dominant strategy among neural network is: Sell

Key Points

  1. How can neural networks improve predictions?
  2. Is Target price a good indicator?
  3. What are the most successful trading algorithms?

BML^J Target Price Prediction Modeling Methodology

We consider Bank of America Corporation Bank of America Corporation Depositary Shares (Each representing a 1/1200th interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series 4) Decision Process with Modular Neural Network (Speculative Sentiment Analysis) where A is the set of discrete actions of BML^J 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(Pearson Correlation)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 (Speculative Sentiment Analysis)) X S(n):→ (n+4 weeks) i = 1 n a i

n:Time series to forecast

p:Price signals of BML^J stock

j:Nash equilibria (Neural Network)

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?

BML^J Stock Forecast (Buy or Sell) for (n+4 weeks)

Sample Set: Neural Network
Stock/Index: BML^J Bank of America Corporation Bank of America Corporation Depositary Shares (Each representing a 1/1200th interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series 4)
Time series to forecast n: 10 Dec 2022 for (n+4 weeks)

According to price forecasts for (n+4 weeks) period, the dominant strategy among neural network is: Sell

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 (Grey to Black): *Technical Analysis%

Adjusted IFRS* Prediction Methods for Bank of America Corporation Bank of America Corporation Depositary Shares (Each representing a 1/1200th interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series 4)

  1. To the extent that a transfer of a financial asset does not qualify for derecognition, the transferee does not recognise the transferred asset as its asset. The transferee derecognises the cash or other consideration paid and recognises a receivable from the transferor. If the transferor has both a right and an obligation to reacquire control of the entire transferred asset for a fixed amount (such as under a repurchase agreement), the transferee may measure its receivable at amortised cost if it meets the criteria in paragraph 4.1.2.
  2. Changes in market conditions that give rise to market risk include changes in a benchmark interest rate, the price of another entity's financial instrument, a commodity price, a foreign exchange rate or an index of prices or rates.
  3. If an entity measures a hybrid contract at fair value in accordance with paragraphs 4.1.2A, 4.1.4 or 4.1.5 but the fair value of the hybrid contract had not been measured in comparative reporting periods, the fair value of the hybrid contract in the comparative reporting periods shall be the sum of the fair values of the components (ie the non-derivative host and the embedded derivative) at the end of each comparative reporting period if the entity restates prior periods (see paragraph 7.2.15).
  4. Such designation may be used whether paragraph 4.3.3 requires the embedded derivatives to be separated from the host contract or prohibits such separation. However, paragraph 4.3.5 would not justify designating the hybrid contract as at fair value through profit or loss in the cases set out in paragraph 4.3.5(a) and (b) because doing so would not reduce complexity or increase reliability.

*International Financial Reporting Standards (IFRS) are a set of accounting rules for the financial statements of public companies that are intended to make them consistent, transparent, and easily comparable around the world.

Conclusions

Bank of America Corporation Bank of America Corporation Depositary Shares (Each representing a 1/1200th interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series 4) assigned short-term B2 & long-term Caa1 forecasted stock rating. We evaluate the prediction models Modular Neural Network (Speculative Sentiment Analysis) with Pearson Correlation1,2,3,4 and conclude that the BML^J stock is predictable in the short/long term. According to price forecasts for (n+4 weeks) period, the dominant strategy among neural network is: Sell

Financial State Forecast for BML^J Bank of America Corporation Bank of America Corporation Depositary Shares (Each representing a 1/1200th interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series 4) Options & Futures

Rating Short-Term Long-Term Senior
Outlook*B2Caa1
Operational Risk 6458
Market Risk3435
Technical Analysis7644
Fundamental Analysis5430
Risk Unsystematic5731

Prediction Confidence Score

Trust metric by Neural Network: 92 out of 100 with 587 signals.

References

  1. R. Sutton and A. Barto. Introduction to reinforcement learning. MIT Press, 1998
  2. Mnih A, Kavukcuoglu K. 2013. Learning word embeddings efficiently with noise-contrastive estimation. In Advances in Neural Information Processing Systems, Vol. 26, ed. Z Ghahramani, M Welling, C Cortes, ND Lawrence, KQ Weinberger, pp. 2265–73. San Diego, CA: Neural Inf. Process. Syst. Found.
  3. Dietterich TG. 2000. Ensemble methods in machine learning. In Multiple Classifier Systems: First International Workshop, Cagliari, Italy, June 21–23, pp. 1–15. Berlin: Springer
  4. H. Kushner and G. Yin. Stochastic approximation algorithms and applications. Springer, 1997.
  5. Künzel S, Sekhon J, Bickel P, Yu B. 2017. Meta-learners for estimating heterogeneous treatment effects using machine learning. arXiv:1706.03461 [math.ST]
  6. Sutton RS, Barto AG. 1998. Reinforcement Learning: An Introduction. Cambridge, MA: MIT Press
  7. Çetinkaya, A., Zhang, Y.Z., Hao, Y.M. and Ma, X.Y., Can stock prices be predicted?(SMI Index Stock Forecast). AC Investment Research Journal, 101(3).
Frequently Asked QuestionsQ: What is the prediction methodology for BML^J stock?
A: BML^J stock prediction methodology: We evaluate the prediction models Modular Neural Network (Speculative Sentiment Analysis) and Pearson Correlation
Q: Is BML^J stock a buy or sell?
A: The dominant strategy among neural network is to Sell BML^J Stock.
Q: Is Bank of America Corporation Bank of America Corporation Depositary Shares (Each representing a 1/1200th interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series 4) stock a good investment?
A: The consensus rating for Bank of America Corporation Bank of America Corporation Depositary Shares (Each representing a 1/1200th interest in a Share of Floating Rate Non-Cumulative Preferred Stock Series 4) is Sell and assigned short-term B2 & long-term Caa1 forecasted stock rating.
Q: What is the consensus rating of BML^J stock?
A: The consensus rating for BML^J is Sell.
Q: What is the prediction period for BML^J stock?
A: The prediction period for BML^J is (n+4 weeks)

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