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You can use whatever prediction technique you like, but if your model is wrong, then so will the prediction. Predicting stock prices requires considering as man
by halayli 8y ago
You can use whatever prediction technique you like, but if your model is wrong, then so will the prediction. Predicting stock prices requires considering as many factors as you can gather that goes into setting the stock price, and how the factors correlate with each other.
> previous price of a stock is crucial in predicting its future price
This is a poor and incorrect model. The stock price has plenty other variables and many of which are unknown. What's used here is just a single variable.