Modelling A.I. in Economics

PRIF^D Stock: A Spark That Could Fizzle

Outlook: Priority Income Fund Inc. 7.00% Series D Term Preferred Stock due 2029 is assigned short-term B1 & long-term B3 estimated rating.
AUC Score : What is AUC Score?
Short-Term Revised1 :
Dominant Strategy : Hold
Time series to forecast n: for Weeks2
Methodology : Supervised Machine Learning (ML)
Hypothesis Testing : Chi-Square
Surveillance : Major exchange and OTC

1The accuracy of the model is being monitored on a regular basis.(15-minute period)

2Time series is updated based on short-term trends.

Summary

Priority Income Fund Inc. 7.00% Series D Term Preferred Stock due 2029 prediction model is evaluated with Supervised Machine Learning (ML) and Chi-Square1,2,3,4 and it is concluded that the PRIF^D stock is predictable in the short/long term. Supervised machine learning (ML) is a type of machine learning where a model is trained on labeled data. This means that the data has been tagged with the correct output for the input data. The model learns to predict the output for new input data based on the labeled data. Supervised ML is a powerful tool that can be used for a variety of tasks, including classification, regression, and forecasting. Classification tasks involve predicting the category of an input data, such as whether an email is spam or not. Regression tasks involve predicting a numerical value for an input data, such as the price of a house. Forecasting tasks involve predicting future values for a time series, such as the sales of a product. According to price forecasts for 16 Weeks period, the dominant strategy among neural network is: Hold

Graph 34

Key Points

  1. What is neural prediction?
  2. Technical Analysis with Algorithmic Trading
  3. Why do we need predictive models?

PRIF^D Target Price Prediction Modeling Methodology

We consider Priority Income Fund Inc. 7.00% Series D Term Preferred Stock due 2029 Decision Process with Supervised Machine Learning (ML) where A is the set of discrete actions of PRIF^D 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(Chi-Square)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(Supervised Machine Learning (ML)) X S(n):→ 16 Weeks r s rs

n:Time series to forecast

p:Price signals of PRIF^D stock

j:Nash equilibria (Neural Network)

k:Dominated move

a:Best response for target price

Supervised Machine Learning (ML)

Supervised machine learning (ML) is a type of machine learning where a model is trained on labeled data. This means that the data has been tagged with the correct output for the input data. The model learns to predict the output for new input data based on the labeled data. Supervised ML is a powerful tool that can be used for a variety of tasks, including classification, regression, and forecasting. Classification tasks involve predicting the category of an input data, such as whether an email is spam or not. Regression tasks involve predicting a numerical value for an input data, such as the price of a house. Forecasting tasks involve predicting future values for a time series, such as the sales of a product.

Chi-Square

A chi-squared test is a statistical hypothesis test that assesses whether observed frequencies in a sample differ significantly from expected frequencies. It is one of the most widely used statistical tests in the social sciences and in many areas of observational research. The chi-squared test is a non-parametric test, meaning that it does not assume that the data is normally distributed. This makes it a versatile tool that can be used to analyze a wide variety of data. There are two main types of chi-squared tests: the chi-squared goodness of fit test and the chi-squared test of independence.

 

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?

PRIF^D Stock Forecast (Buy or Sell)

Sample Set: Neural Network
Stock/Index: PRIF^D Priority Income Fund Inc. 7.00% Series D Term Preferred Stock due 2029
Time series to forecast: 16 Weeks

According to price forecasts, the dominant strategy among neural network is: Hold

Strategic Interaction Table Legend:

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%

Financial Data Adjustments for Supervised Machine Learning (ML) based PRIF^D Stock Prediction Model

  1. 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.
  2. Leverage is a contractual cash flow characteristic of some financial assets. Leverage increases the variability of the contractual cash flows with the result that they do not have the economic characteristics of interest. Stand-alone option, forward and swap contracts are examples of financial assets that include such leverage. Thus, such contracts do not meet the condition in paragraphs 4.1.2(b) and 4.1.2A(b) and cannot be subsequently measured at amortised cost or fair value through other comprehensive income.
  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. An entity is not required to restate prior periods to reflect the application of these amendments. The entity may restate prior periods only if it is possible to do so without the use of hindsight. If an entity restates prior periods, the restated financial statements must reflect all the requirements in this Standard for the affected financial instruments. If an entity does not restate prior periods, the entity shall recognise any difference between the previous carrying amount and the carrying amount at the beginning of the annual reporting period that includes the date of initial application of these amendments in the opening retained earnings (or other component of equity, as appropriate) of the annual reporting period that includes the date of initial application of these amendments.

*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.

PRIF^D Priority Income Fund Inc. 7.00% Series D Term Preferred Stock due 2029 Financial Analysis*

Rating Short-Term Long-Term Senior
Outlook*B1B3
Income StatementB2C
Balance SheetBaa2C
Leverage RatiosBaa2Caa2
Cash FlowBa3Baa2
Rates of Return and ProfitabilityCCaa2

*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?

Conclusions

Priority Income Fund Inc. 7.00% Series D Term Preferred Stock due 2029 is assigned short-term B1 & long-term B3 estimated rating. Priority Income Fund Inc. 7.00% Series D Term Preferred Stock due 2029 prediction model is evaluated with Supervised Machine Learning (ML) and Chi-Square1,2,3,4 and it is concluded that the PRIF^D stock is predictable in the short/long term. According to price forecasts for 16 Weeks period, the dominant strategy among neural network is: Hold

Prediction Confidence Score

Trust metric by Neural Network: 76 out of 100 with 798 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. N. B ̈auerle and A. Mundt. Dynamic mean-risk optimization in a binomial model. Mathematical Methods of Operations Research, 70(2):219–239, 2009.
  3. Jorgenson, D.W., Weitzman, M.L., ZXhang, Y.X., Haxo, Y.M. and Mat, Y.X., 2023. Google's Stock Price Set to Soar in the Next 3 Months. AC Investment Research Journal, 220(44).
  4. Belsley, D. A. (1988), "Modelling and forecast reliability," International Journal of Forecasting, 4, 427–447.
  5. Hill JL. 2011. Bayesian nonparametric modeling for causal inference. J. Comput. Graph. Stat. 20:217–40
  6. M. J. Hausknecht and P. Stone. Deep recurrent Q-learning for partially observable MDPs. CoRR, abs/1507.06527, 2015
  7. Kitagawa T, Tetenov A. 2015. Who should be treated? Empirical welfare maximization methods for treatment choice. Tech. Rep., Cent. Microdata Methods Pract., Inst. Fiscal Stud., London
Frequently Asked QuestionsQ: What is the prediction methodology for PRIF^D stock?
A: PRIF^D stock prediction methodology: We evaluate the prediction models Supervised Machine Learning (ML) and Chi-Square
Q: Is PRIF^D stock a buy or sell?
A: The dominant strategy among neural network is to Hold PRIF^D Stock.
Q: Is Priority Income Fund Inc. 7.00% Series D Term Preferred Stock due 2029 stock a good investment?
A: The consensus rating for Priority Income Fund Inc. 7.00% Series D Term Preferred Stock due 2029 is Hold and is assigned short-term B1 & long-term B3 estimated rating.
Q: What is the consensus rating of PRIF^D stock?
A: The consensus rating for PRIF^D is Hold.
Q: What is the prediction period for PRIF^D stock?
A: The prediction period for PRIF^D is 16 Weeks

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