Stock analysis

Instructions

write a short, concise draft of the findings from the OBV exercise:1.  Descriptive Analytics AnalysisReviewed the stock history of ADBE for the past 1,000 days and calculated the stocks On Balance Volume.  The purpose of this analysis is to determine if there is a positive correlation, as this indicators author postulates, between the On Balance Volume and future stock price change. 2.  Predictive Analytics AnalysisThe outcomes of offsetting the data by 5, 10, 20, 30, and 50 days produced positive/negative/inconsistent results.  Suggesting that the On Balance Volume formula provides a good/poor forecast for future stock price movement. 3.  Prescriptive Analytics AnalysisBeing that the On Balance Volume formula produced a good/poor result.  The formula should/should not be used as a tool in making investment decisions.

Answer

As a general rule, an OBV will record a higher or positive price when the price at the time it is being read is higher than the last time it was read. This can be clearly seen in the representation where all the sections of the OBV with a positive sign show the closing reading higher than the opening reading. The vice versa is seen where the OBV section has negatives. Such are the reasons why the OBV is used to determine a lot of the shifts in the market. These shifts relate to the aspect of buying and selling of stocks. Indeed from the given OBV there is a great correlation between what the OBV records and the prices of stock. The indication is that the prices of stocks will greatly increase. This is because there are many negatives in the period as opposed to positives. Negatives simply...

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Stock analysis

Instructions

Answer

Why we are Ranked the best

Hear from our customers

Shawn Richards Universiteit van Amst

Anthony Pezer Florida State University

Anush Thari Goenka University

Nek lean Louisiana State

Shawn Richards
Universiteit van Amst

Anthony Pezer
Florida State University

Anush Thari
Goenka University

Nek lean
Louisiana State