STOCK MARKET LOVES STATISTICS
Chandra Pandiripalli
????AI Solutions Manager at ZMI Holdings, an ADNOC L&S company | Ex-Volvo | GenAI| AI Architect - LLMOps | AR, ARCore, Unity & Edge computing | IOT, Cloud Visionary | Transforming maritime Industry with AI |
Hey Fellas,
I am here to share my extremely interesting finding during my analysis of TATA POWER stock in #tableau, took till date data and then created #Candlecharts to analyze and find the patterns,
interestingly I found out that this Share price is following the Polynomial equation of degree 3. you can clearly observe how well it fit into the polynomial.
however, I gone one step further and analyzed all statistical parameters, it came out that
"R2" value is 95% approximately and "P-value" is way lesser than 0.0001. this tells us that the data points fits very very well with the Polynomial.
Result: if trend continues it yields a returns at a cubic level.
Note: this is neither suggestion nor any claim about this stock, this cleanly educational purpose.
Project & Program Management| Strategy| Leadership
3 年Intresting