Abstract
This report aims at investigating the relationship between the returns of Apple Inc. and the market returns by using the machine learning model. Nine months of historical financial data for Apple and market was utilized as the training data set, predicting the return of Apple in future three months. Within this research, my findings suggest that there is a significantly positive correlation between Apples returns and the market returns, which indicates that it is acceptable to forecast Apples performance through the market index, and any market fluctuation tends to have a pronounced impact on Apple. Based on the effective analysis of Apples future returns, we can propose valid hedging strategies for investors to eliminate risks from both upward and downward price trends.
Published Version (
Free)
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
