PKX POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock) (Forecast)

Outlook: POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock) is assigned short-term Ba1 & long-term Ba1 estimated rating.
Dominant Strategy : Buy
Time series to forecast n: 21 Feb 2023 for (n+3 month)
Methodology : Modular Neural Network (Market Volatility Analysis)

Abstract

POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock) prediction model is evaluated with Modular Neural Network (Market Volatility Analysis) and ElasticNet Regression^1,2,3,4 and it is concluded that the PKX stock is predictable in the short/long term. According to price forecasts for (n+3 month) period, the dominant strategy among neural network is: Buy

Key Points

1. Is Target price a good indicator?
2. Stock Forecast Based On a Predictive Algorithm
3. How useful are statistical predictions?

PKX Target Price Prediction Modeling Methodology

We consider POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock) Decision Process with Modular Neural Network (Market Volatility Analysis) where A is the set of discrete actions of PKX 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(ElasticNet 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 (Market Volatility Analysis)) X S(n):→ (n+3 month) $\overrightarrow{S}=\left(s_1,s_2,s_3\right)$

n:Time series to forecast

p:Price signals of PKX 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?

PKX Stock Forecast (Buy or Sell) for (n+3 month)

Sample Set: Neural Network
Stock/Index: PKX POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock)
Time series to forecast n: 21 Feb 2023 for (n+3 month)

According to price forecasts for (n+3 month) period, the dominant strategy among neural network is: Buy

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 POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock)

1. When rebalancing a hedging relationship, an entity shall update its analysis of the sources of hedge ineffectiveness that are expected to affect the hedging relationship during its (remaining) term (see paragraph B6.4.2). The documentation of the hedging relationship shall be updated accordingly.
2. A hedge of a firm commitment (for example, a hedge of the change in fuel price relating to an unrecognised contractual commitment by an electric utility to purchase fuel at a fixed price) is a hedge of an exposure to a change in fair value. Accordingly, such a hedge is a fair value hedge. However, in accordance with paragraph 6.5.4, a hedge of the foreign currency risk of a firm commitment could alternatively be accounted for as a cash flow hedge.
3. All investments in equity instruments and contracts on those instruments must be measured at fair value. However, in limited circumstances, cost may be an appropriate estimate of fair value. That may be the case if insufficient more recent information is available to measure fair value, or if there is a wide range of possible fair value measurements and cost represents the best estimate of fair value within that range.
4. A hedge of a firm commitment (for example, a hedge of the change in fuel price relating to an unrecognised contractual commitment by an electric utility to purchase fuel at a fixed price) is a hedge of an exposure to a change in fair value. Accordingly, such a hedge is a fair value hedge. However, in accordance with paragraph 6.5.4, a hedge of the foreign currency risk of a firm commitment could alternatively be accounted for as a cash flow hedge.

*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

POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock) is assigned short-term Ba1 & long-term Ba1 estimated rating. POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock) prediction model is evaluated with Modular Neural Network (Market Volatility Analysis) and ElasticNet Regression^1,2,3,4 and it is concluded that the PKX stock is predictable in the short/long term. According to price forecasts for (n+3 month) period, the dominant strategy among neural network is: Buy

PKX POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock) Financial Analysis*

Rating	Short-Term	Long-Term Senior
Outlook*	Ba1	Ba1
Income Statement	B1	Ba3
Balance Sheet	Baa2	Baa2
Leverage Ratios	Baa2	B2
Cash Flow	Ba3	Baa2
Rates of Return and Profitability	Caa2	B1

*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: 82 out of 100 with 508 signals.

References

1. Chernozhukov V, Chetverikov D, Demirer M, Duflo E, Hansen C, et al. 2016a. Double machine learning for treatment and causal parameters. Tech. Rep., Cent. Microdata Methods Pract., Inst. Fiscal Stud., London
2. M. Benaim, J. Hofbauer, and S. Sorin. Stochastic approximations and differential inclusions, Part II: Appli- cations. Mathematics of Operations Research, 31(4):673–695, 2006
3. J. Baxter and P. Bartlett. Infinite-horizon policy-gradient estimation. Journal of Artificial Intelligence Re- search, 15:319–350, 2001.
4. Rumelhart DE, Hinton GE, Williams RJ. 1986. Learning representations by back-propagating errors. Nature 323:533–36
5. Sutton RS, Barto AG. 1998. Reinforcement Learning: An Introduction. Cambridge, MA: MIT Press
6. Mazumder R, Hastie T, Tibshirani R. 2010. Spectral regularization algorithms for learning large incomplete matrices. J. Mach. Learn. Res. 11:2287–322
7. Hastie T, Tibshirani R, Friedman J. 2009. The Elements of Statistical Learning. Berlin: Springer

Frequently Asked Questions

Q: What is the prediction methodology for PKX stock?
A: PKX stock prediction methodology: We evaluate the prediction models Modular Neural Network (Market Volatility Analysis) and ElasticNet Regression
Q: Is PKX stock a buy or sell?
A: The dominant strategy among neural network is to Buy PKX Stock.
Q: Is POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock) stock a good investment?
A: The consensus rating for POSCO Holdings Inc. American Depositary Shares (Each representing 1/4th of a share of Common Stock) is Buy and is assigned short-term Ba1 & long-term Ba1 estimated rating.
Q: What is the consensus rating of PKX stock?
A: The consensus rating for PKX is Buy.
Q: What is the prediction period for PKX stock?
A: The prediction period for PKX is (n+3 month)

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