NIE Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest Research Report

Outlook: Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest is assigned short-term Ba1 & long-term Ba1 estimated rating.
Dominant Strategy : Hold
Time series to forecast n: 10 Feb 2023 for (n+16 weeks)
Methodology : Transductive Learning (ML)

Abstract

Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest prediction model is evaluated with Transductive Learning (ML) and Stepwise Regression^1,2,3,4 and it is concluded that the NIE 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. Fundemental Analysis with Algorithmic Trading
2. Market Outlook
3. How do you know when a stock will go up or down?

NIE Target Price Prediction Modeling Methodology

We consider Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest Decision Process with Transductive Learning (ML) where A is the set of discrete actions of NIE 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(Stepwise 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(Transductive Learning (ML)) X S(n):→ (n+16 weeks) $\overrightarrow{R}=\left(r_1,r_2,r_3\right)$

n:Time series to forecast

p:Price signals of NIE 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?

NIE Stock Forecast (Buy or Sell) for (n+16 weeks)

Sample Set: Neural Network
Stock/Index: NIE Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest
Time series to forecast n: 10 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 Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest

1. The characteristics of the hedged item, including how and when the hedged item affects profit or loss, also affect the period over which the forward element of a forward contract that hedges a time-period related hedged item is amortised, which is over the period to which the forward element relates. For example, if a forward contract hedges the exposure to variability in threemonth interest rates for a three-month period that starts in six months' time, the forward element is amortised during the period that spans months seven to nine.
2. At the date of initial application, an entity shall determine whether the treatment in paragraph 5.7.7 would create or enlarge an accounting mismatch in profit or loss on the basis of the facts and circumstances that exist at the date of initial application. This Standard shall be applied retrospectively on the basis of that determination.
3. The characteristics of the hedged item, including how and when the hedged item affects profit or loss, also affect the period over which the forward element of a forward contract that hedges a time-period related hedged item is amortised, which is over the period to which the forward element relates. For example, if a forward contract hedges the exposure to variability in threemonth interest rates for a three-month period that starts in six months' time, the forward element is amortised during the period that spans months seven to nine.
4. When using historical credit loss experience in estimating expected credit losses, it is important that information about historical credit loss rates is applied to groups that are defined in a manner that is consistent with the groups for which the historical credit loss rates were observed. Consequently, the method used shall enable each group of financial assets to be associated with information about past credit loss experience in groups of financial assets with similar risk characteristics and with relevant observable data that reflects current conditions.

*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

Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest is assigned short-term Ba1 & long-term Ba1 estimated rating. Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest prediction model is evaluated with Transductive Learning (ML) and Stepwise Regression^1,2,3,4 and it is concluded that the NIE 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

NIE Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest Financial Analysis*

Rating	Short-Term	Long-Term Senior
Outlook*	Ba1	Ba1
Income Statement	Caa2	B1
Balance Sheet	Ba3	C
Leverage Ratios	Caa2	Caa2
Cash Flow	Baa2	Caa2
Rates of Return and Profitability	B1	C

*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: 79 out of 100 with 756 signals.

References

1. White H. 1992. Artificial Neural Networks: Approximation and Learning Theory. Oxford, UK: Blackwell
2. Athey S. 2017. Beyond prediction: using big data for policy problems. Science 355:483–85
3. Candès E, Tao T. 2007. The Dantzig selector: statistical estimation when p is much larger than n. Ann. Stat. 35:2313–51
4. E. Altman, K. Avrachenkov, and R. N ́u ̃nez-Queija. Perturbation analysis for denumerable Markov chains with application to queueing models. Advances in Applied Probability, pages 839–853, 2004
5. Dimakopoulou M, Athey S, Imbens G. 2017. Estimation considerations in contextual bandits. arXiv:1711.07077 [stat.ML]
6. Mikolov T, Yih W, Zweig G. 2013c. Linguistic regularities in continuous space word representations. In Pro- ceedings of the 2013 Conference of the North American Chapter of the Association for Computational Linguistics: Human Language Technologies, pp. 746–51. New York: Assoc. Comput. Linguist.
7. 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 NIE stock?
A: NIE stock prediction methodology: We evaluate the prediction models Transductive Learning (ML) and Stepwise Regression
Q: Is NIE stock a buy or sell?
A: The dominant strategy among neural network is to Hold NIE Stock.
Q: Is Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest stock a good investment?
A: The consensus rating for Virtus Equity & Convertible Income Fund Common Shares of Beneficial Interest is Hold and is assigned short-term Ba1 & long-term Ba1 estimated rating.
Q: What is the consensus rating of NIE stock?
A: The consensus rating for NIE is Hold.
Q: What is the prediction period for NIE stock?
A: The prediction period for NIE is (n+16 weeks)

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