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Showing posts from June, 2023

Predictive Analytics And Stock Market

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  Predictive Analytics: It is the practice of extracting information from historical data to make predictions about future events or outcomes. It involves applying statistical models, data mining techniques, machine learning algorithms, and other analytical methods to identify patterns and trends in data that can be used to forecast future behaviour. Predictive analysis can be applied to the stock market   to forecast future price movements, identify investment opportunities, and manage risk For the Stock Market, Predictive Analytics is all about analysing the  Fundamental And Technical properties  of company (stocks). Fundamental properties: Checking fundamental Properties means evaluate the intrinsic value of a stock by analyzing various fundamental factors related to the company, industry, and economy. It involves examining quantitative and qualitative factors to assess the financial health, performance, and prospects of a company and determine whether the stock i...

Trading is Knowledge

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  DATA ANALYTICS FOR STOCK MARKET The stock market is influenced by a multitude of factors, including economic conditions, geopolitical events, and investor behaviours. Therefore, it is essential to combine data analytics with market knowledge and expertise for informed decision-making. These are a few ways to utilize data analytics for stock market analysis: o    Data Collection: Gather relevant data from various sources, including financial statements, news articles, social media, and market data providers. This data can include historical price and volume data, company financials, news sentiment, and macroeconomic indicators   o    Quantitative Analysis: Apply statistical and quantitative techniques to analyse the data. This can include calculating financial ratios, performing regression analysis, identifying patterns and correlations, and conducting time series analysis. These analyses help identify trends, relationships, and potential opp...