Equity forecast: Predicting long term stock price movement using machine learning

Understand

Long term investment is one of the major investment strategies.

• However, calculating intrinsic value of some company and evaluating shares for long term investment is not easy, since analyst have to care about a large number of financial indicators and evaluate them in a right manner.
• So far, little help in predicting the direction of the company value over the longer period of time has been provided from the machines.
• In this paper we present a machine learning aided approach to evaluate the equity's future price over the long time.