Indian Journal of Finance

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Forecasting Share Prices: A Good Practive or a Waste of Time


Affiliations
1 Lecturer, MQPM, Department of Statistics, Sardar Patel University, Vallabh Vidyanagar, Gujarat, India
2 Management Student, Master in Quality and Productivity Management, Department of Statistics, Sardar Patel University, Vallabh Vidyanagar, Gujarat, India

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Today, financial markets are extremely volatile by nature and hence, the risk factor is an important concern for all the investors who want to invest their money in the stock market. Is there any measure or criteria to forecast the next day stock price? Does any model exist in the market which can forecast the next day stock price exactly? This study is carried out to generate a general, sector wise forecasting model for all the existing BSE 30 companies and examines their price variation pattern with respect to the BSE Index.
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  • Forecasting Share Prices: A Good Practive or a Waste of Time

Abstract Views: 138  |  PDF Views: 0

Authors

Mayank V. Bhatt
Lecturer, MQPM, Department of Statistics, Sardar Patel University, Vallabh Vidyanagar, Gujarat, India
Nishchit N. Sheth
Management Student, Master in Quality and Productivity Management, Department of Statistics, Sardar Patel University, Vallabh Vidyanagar, Gujarat, India
Tushar N. Patel
Management Student, Master in Quality and Productivity Management, Department of Statistics, Sardar Patel University, Vallabh Vidyanagar, Gujarat, India

Abstract


Today, financial markets are extremely volatile by nature and hence, the risk factor is an important concern for all the investors who want to invest their money in the stock market. Is there any measure or criteria to forecast the next day stock price? Does any model exist in the market which can forecast the next day stock price exactly? This study is carried out to generate a general, sector wise forecasting model for all the existing BSE 30 companies and examines their price variation pattern with respect to the BSE Index.