STOCK MARKET LOVES STATISTICS
Author: Surya Charan Teja ,

STOCK MARKET LOVES STATISTICS

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,

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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

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"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.


Pidaparthi Praneeth

Project & Program Management

3 年

Intresting

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