PREDICTIVE ANALYTICS IN CAPITAL MARKETS
Journal Title: Asian Economic and Financial Review - Year 2017, Vol 7, Issue 3
Abstract
The paper is a practical application of the random walk model on stock price behaviour. The academic literature has moved beyond this random walk approach and the recent focus is now much more on how to improve the forecasts. Since the performance of the random walk model has been contextual, it is desirable that the model is tested in different contexts. Our model shows good results in the Indian context. This model is also useful for traders and investors looking to predict stock prices in the immediate future as the model accounts for changes in the immediate past.
Authors and Affiliations
Nitin Singh*| Chairperson – Business Analytics IIM Kashipur Advisor KPMG Lodha Excelus NM Joshi Marg Mumbai, India, Prakash Kumar Jha| Technical Centre, Ashok Leyland Ltd, Vellivayal Chavadi,Via Manali New Town, Chennai, India
Keywords
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- EP ID EP2341
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