Modelling A.I. in Economics

OPP^B RiverNorth/DoubleLine Strategic Opportunity Fund Inc. 4.75% Series B Cumulative Preferred Stock (Forecast)

Outlook: RiverNorth/DoubleLine Strategic Opportunity Fund Inc. 4.75% Series B Cumulative Preferred Stock is assigned short-term Ba1 & long-term Ba1 estimated rating.
Dominant Strategy : Buy
Time series to forecast n: 24 Mar 2023 for (n+6 month)
Methodology : Modular Neural Network (DNN Layer)

Abstract

RiverNorth/DoubleLine Strategic Opportunity Fund Inc. 4.75% Series B Cumulative Preferred Stock prediction model is evaluated with Modular Neural Network (DNN Layer) and Statistical Hypothesis Testing1,2,3,4 and it is concluded that the OPP^B stock is predictable in the short/long term. According to price forecasts for (n+6 month) period, the dominant strategy among neural network is: Buy

Key Points

  1. How do you know when a stock will go up or down?
  2. What are buy sell or hold recommendations?
  3. What are the most successful trading algorithms?

OPP^B Target Price Prediction Modeling Methodology

We consider RiverNorth/DoubleLine Strategic Opportunity Fund Inc. 4.75% Series B Cumulative Preferred Stock Decision Process with Modular Neural Network (DNN Layer) where A is the set of discrete actions of OPP^B 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(Statistical Hypothesis Testing)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 (DNN Layer)) X S(n):→ (n+6 month) r s rs

n:Time series to forecast

p:Price signals of OPP^B 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?

OPP^B Stock Forecast (Buy or Sell) for (n+6 month)

Sample Set: Neural Network
Stock/Index: OPP^B RiverNorth/DoubleLine Strategic Opportunity Fund Inc. 4.75% Series B Cumulative Preferred Stock
Time series to forecast n: 24 Mar 2023 for (n+6 month)

According to price forecasts for (n+6 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 RiverNorth/DoubleLine Strategic Opportunity Fund Inc. 4.75% Series B Cumulative Preferred Stock

  1. For example, an entity may use this condition to designate financial liabilities as at fair value through profit or loss if it meets the principle in paragraph 4.2.2(b) and the entity has financial assets and financial liabilities that share one or more risks and those risks are managed and evaluated on a fair value basis in accordance with a documented policy of asset and liability management. An example could be an entity that has issued 'structured products' containing multiple embedded derivatives and manages the resulting risks on a fair value basis using a mix of derivative and non-derivative financial instruments
  2. If any instrument in the pool does not meet the conditions in either paragraph B4.1.23 or paragraph B4.1.24, the condition in paragraph B4.1.21(b) is not met. In performing this assessment, a detailed instrument-byinstrument analysis of the pool may not be necessary. However, an entity must use judgement and perform sufficient analysis to determine whether the instruments in the pool meet the conditions in paragraphs B4.1.23–B4.1.24. (See also paragraph B4.1.18 for guidance on contractual cash flow characteristics that have only a de minimis effect.)
  3. When an entity, consistent with its hedge documentation, frequently resets (ie discontinues and restarts) a hedging relationship because both the hedging instrument and the hedged item frequently change (ie the entity uses a dynamic process in which both the hedged items and the hedging instruments used to manage that exposure do not remain the same for long), the entity shall apply the requirement in paragraphs 6.3.7(a) and B6.3.8—that the risk component is separately identifiable—only when it initially designates a hedged item in that hedging relationship. A hedged item that has been assessed at the time of its initial designation in the hedging relationship, whether it was at the time of the hedge inception or subsequently, is not reassessed at any subsequent redesignation in the same hedging relationship.
  4. If the underlyings are not the same but are economically related, there can be situations in which the values of the hedging instrument and the hedged item move in the same direction, for example, because the price differential between the two related underlyings changes while the underlyings themselves do not move significantly. That is still consistent with an economic relationship between the hedging instrument and the hedged item if the values of the hedging instrument and the hedged item are still expected to typically move in the opposite direction when the underlyings move.

*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

RiverNorth/DoubleLine Strategic Opportunity Fund Inc. 4.75% Series B Cumulative Preferred Stock is assigned short-term Ba1 & long-term Ba1 estimated rating. RiverNorth/DoubleLine Strategic Opportunity Fund Inc. 4.75% Series B Cumulative Preferred Stock prediction model is evaluated with Modular Neural Network (DNN Layer) and Statistical Hypothesis Testing1,2,3,4 and it is concluded that the OPP^B stock is predictable in the short/long term. According to price forecasts for (n+6 month) period, the dominant strategy among neural network is: Buy

OPP^B RiverNorth/DoubleLine Strategic Opportunity Fund Inc. 4.75% Series B Cumulative Preferred Stock Financial Analysis*

Rating Short-Term Long-Term Senior
Outlook*Ba1Ba1
Income StatementCB2
Balance SheetCBaa2
Leverage RatiosBaa2Ba2
Cash FlowCBaa2
Rates of Return and ProfitabilityCB3

*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: 78 out of 100 with 639 signals.

References

  1. O. Bardou, N. Frikha, and G. Pag`es. Computing VaR and CVaR using stochastic approximation and adaptive unconstrained importance sampling. Monte Carlo Methods and Applications, 15(3):173–210, 2009.
  2. Brailsford, T.J. R.W. Faff (1996), "An evaluation of volatility forecasting techniques," Journal of Banking Finance, 20, 419–438.
  3. Scott SL. 2010. A modern Bayesian look at the multi-armed bandit. Appl. Stoch. Models Bus. Ind. 26:639–58
  4. Cortes C, Vapnik V. 1995. Support-vector networks. Mach. Learn. 20:273–97
  5. V. Borkar. An actor-critic algorithm for constrained Markov decision processes. Systems & Control Letters, 54(3):207–213, 2005.
  6. Canova, F. B. E. Hansen (1995), "Are seasonal patterns constant over time? A test for seasonal stability," Journal of Business and Economic Statistics, 13, 237–252.
  7. D. Bertsekas and J. Tsitsiklis. Neuro-dynamic programming. Athena Scientific, 1996.
Frequently Asked QuestionsQ: What is the prediction methodology for OPP^B stock?
A: OPP^B stock prediction methodology: We evaluate the prediction models Modular Neural Network (DNN Layer) and Statistical Hypothesis Testing
Q: Is OPP^B stock a buy or sell?
A: The dominant strategy among neural network is to Buy OPP^B Stock.
Q: Is RiverNorth/DoubleLine Strategic Opportunity Fund Inc. 4.75% Series B Cumulative Preferred Stock stock a good investment?
A: The consensus rating for RiverNorth/DoubleLine Strategic Opportunity Fund Inc. 4.75% Series B Cumulative Preferred Stock is Buy and is assigned short-term Ba1 & long-term Ba1 estimated rating.
Q: What is the consensus rating of OPP^B stock?
A: The consensus rating for OPP^B is Buy.
Q: What is the prediction period for OPP^B stock?
A: The prediction period for OPP^B is (n+6 month)

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