ECF^A Ellsworth Growth and Income Fund Ltd. 5.25% Series A Cumulative Preferred Shares (Liquidation Preference $25.00 per share)

Outlook: Ellsworth Growth and Income Fund Ltd. 5.25% Series A Cumulative Preferred Shares (Liquidation Preference $25.00 per share) is assigned short-term Ba1 & long-term Ba1 estimated rating.
Dominant Strategy : Hold
Time series to forecast n: 01 Feb 2023 for (n+16 weeks)
Methodology : Modular Neural Network (DNN Layer)

Abstract

Ellsworth Growth and Income Fund Ltd. 5.25% Series A Cumulative Preferred Shares (Liquidation Preference $25.00 per share) prediction model is evaluated with Modular Neural Network (DNN Layer) and Multiple Regression^1,2,3,4 and it is concluded that the ECF^A stock is predictable in the short/long term. According to price forecasts for (n+16 weeks) period, the dominant strategy among neural network is: Hold

Key Points

1. What are the most successful trading algorithms?
2. What are main components of Markov decision process?
3. What is a prediction confidence?

ECF^A Target Price Prediction Modeling Methodology

We consider Ellsworth Growth and Income Fund Ltd. 5.25% Series A Cumulative Preferred Shares (Liquidation Preference $25.00 per share) Decision Process with Modular Neural Network (DNN Layer) where A is the set of discrete actions of ECF^A 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(Multiple 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 (DNN Layer)) X S(n):→ (n+16 weeks) $\overrightarrow{S}=\left(s_1,s_2,s_3\right)$

n:Time series to forecast

p:Price signals of ECF^A 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?

ECF^A Stock Forecast (Buy or Sell) for (n+16 weeks)

Sample Set: Neural Network
Stock/Index: ECF^A Ellsworth Growth and Income Fund Ltd. 5.25% Series A Cumulative Preferred Shares (Liquidation Preference $25.00 per share)
Time series to forecast n: 01 Feb 2023 for (n+16 weeks)

According to price forecasts for (n+16 weeks) period, the dominant strategy among neural network is: Hold

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%

IFRS Reconciliation Adjustments for Ellsworth Growth and Income Fund Ltd. 5.25% Series A Cumulative Preferred Shares (Liquidation Preference $25.00 per share)

1. IFRS 7 defines credit risk as 'the risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation'. The requirement in paragraph 5.7.7(a) relates to the risk that the issuer will fail to perform on that particular liability. It does not necessarily relate to the creditworthiness of the issuer. For example, if an entity issues a collateralised liability and a non-collateralised liability that are otherwise identical, the credit risk of those two liabilities will be different, even though they are issued by the same entity. The credit risk on the collateralised liability will be less than the credit risk of the non-collateralised liability. The credit risk for a collateralised liability may be close to zero.
2. 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.
3. At the date of initial application, an entity is permitted to make the designation in paragraph 2.5 for contracts that already exist on the date but only if it designates all similar contracts. The change in the net assets resulting from such designations shall be recognised in retained earnings at the date of initial application.
4. As with all fair value measurements, an entity's measurement method for determining the portion of the change in the liability's fair value that is attributable to changes in its credit risk must make maximum use of relevant observable inputs and minimum use of unobservable inputs.

*International Financial Reporting Standards (IFRS) adjustment process involves reviewing the company's financial statements and identifying any differences between the company's current accounting practices and the requirements of the IFRS. If there are any such differences, neural network makes adjustments to financial statements to bring them into compliance with the IFRS.

Conclusions

Ellsworth Growth and Income Fund Ltd. 5.25% Series A Cumulative Preferred Shares (Liquidation Preference $25.00 per share) is assigned short-term Ba1 & long-term Ba1 estimated rating. Ellsworth Growth and Income Fund Ltd. 5.25% Series A Cumulative Preferred Shares (Liquidation Preference $25.00 per share) prediction model is evaluated with Modular Neural Network (DNN Layer) and Multiple Regression^1,2,3,4 and it is concluded that the ECF^A stock is predictable in the short/long term. According to price forecasts for (n+16 weeks) period, the dominant strategy among neural network is: Hold

ECF^A Ellsworth Growth and Income Fund Ltd. 5.25% Series A Cumulative Preferred Shares (Liquidation Preference $25.00 per share) Financial Analysis*

Rating	Short-Term	Long-Term Senior
Outlook*	Ba1	Ba1
Income Statement	Baa2	Baa2
Balance Sheet	Caa2	Caa2
Leverage Ratios	C	C
Cash Flow	C	Baa2
Rates of Return and Profitability	Ba2	Baa2

*Financial analysis is the process of evaluating a company's financial performance and position by neural network. It involves reviewing the company's financial statements, including the balance sheet, income statement, and cash flow statement, as well as other financial reports and documents.
How does neural network examine financial reports and understand financial state of the company?

Prediction Confidence Score

Trust metric by Neural Network: 80 out of 100 with 810 signals.

References

1. Dudik M, Langford J, Li L. 2011. Doubly robust policy evaluation and learning. In Proceedings of the 28th International Conference on Machine Learning, pp. 1097–104. La Jolla, CA: Int. Mach. Learn. Soc.
2. Swaminathan A, Joachims T. 2015. Batch learning from logged bandit feedback through counterfactual risk minimization. J. Mach. Learn. Res. 16:1731–55
3. Candès EJ, Recht B. 2009. Exact matrix completion via convex optimization. Found. Comput. Math. 9:717
4. D. White. Mean, variance, and probabilistic criteria in finite Markov decision processes: A review. Journal of Optimization Theory and Applications, 56(1):1–29, 1988.
5. M. J. Hausknecht and P. Stone. Deep recurrent Q-learning for partially observable MDPs. CoRR, abs/1507.06527, 2015
6. V. Borkar and R. Jain. Risk-constrained Markov decision processes. IEEE Transaction on Automatic Control, 2014
7. 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.

Frequently Asked Questions

Q: What is the prediction methodology for ECF^A stock?
A: ECF^A stock prediction methodology: We evaluate the prediction models Modular Neural Network (DNN Layer) and Multiple Regression
Q: Is ECF^A stock a buy or sell?
A: The dominant strategy among neural network is to Hold ECF^A Stock.
Q: Is Ellsworth Growth and Income Fund Ltd. 5.25% Series A Cumulative Preferred Shares (Liquidation Preference $25.00 per share) stock a good investment?
A: The consensus rating for Ellsworth Growth and Income Fund Ltd. 5.25% Series A Cumulative Preferred Shares (Liquidation Preference $25.00 per share) is Hold and is assigned short-term Ba1 & long-term Ba1 estimated rating.
Q: What is the consensus rating of ECF^A stock?
A: The consensus rating for ECF^A is Hold.
Q: What is the prediction period for ECF^A stock?
A: The prediction period for ECF^A is (n+16 weeks)

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