When to Sell and When to Hold EOG Stock

Abstract

We evaluate EOG Resources prediction models with Transductive Learning (ML) and Independent T-Test^1,2,3,4 and conclude that the EOG stock is predictable in the short/long term. According to price forecasts for (n+6 month) period: The dominant strategy among neural network is to Sell EOG stock.

Keywords: EOG, EOG Resources, stock forecast, machine learning based prediction, risk rating, buy-sell behaviour, stock analysis, target price analysis, options and futures.

Key Points

1. How accurate is machine learning in stock market?
2. What are the most successful trading algorithms?
3. How do you know when a stock will go up or down?

EOG Target Price Prediction Modeling Methodology

We consider EOG Resources Stock Decision Process with Independent T-Test where A is the set of discrete actions of EOG stock holders, F is the set of discrete states, P : S × F × S → R is the transition probability distribution, R : S × F → R is the reaction function, and γ ∈ [0, 1] is a move factor for expectation.^1,2,3,4

F(Independent T-Test)^5,6,7= $\begin{array}{cccc}{p}_{\mathrm{a}1}& p_{\mathrm{a}2}& \dots & p_{1n}\\ & ⋮\\ p_{j1}& p_{j2}& \dots & p_{jn}\\ & ⋮\\ p_{k1}& p_{k2}& \dots & p_{kn}\\ & ⋮\\ p_{n1}& p_{n2}& \dots & p_{nn}\end{array}$ X R(Transductive Learning (ML)) X S(n):→ (n+6 month) $R=\left(\begin{array}{ccc}1& 0& 0\\ 0& 1& 0\\ 0& 0& 1\end{array}\right)$

n:Time series to forecast

p:Price signals of EOG stock

j:Nash equilibria

k:Dominated move

a:Best response for target price

 

For further technical information as per how our model work we invite you to visit the article below: 

How do AC Investment Research machine learning (predictive) algorithms actually work?

EOG Stock Forecast (Buy or Sell) for (n+6 month)

Sample Set: Neural Network
Stock/Index: EOG EOG Resources
Time series to forecast n: 06 Sep 2022 for (n+6 month)

According to price forecasts for (n+6 month) period: The dominant strategy among neural network is to Sell EOG stock.

X axis: *Likelihood% (The higher the percentage value, the more likely the event will occur.)

Y axis: *Potential Impact% (The higher the percentage value, the more likely the price will deviate.)

Z axis (Yellow to Green): *Technical Analysis%

Conclusions

EOG Resources assigned short-term B1 & long-term B2 forecasted stock rating. We evaluate the prediction models Transductive Learning (ML) with Independent T-Test^1,2,3,4 and conclude that the EOG stock is predictable in the short/long term. According to price forecasts for (n+6 month) period: The dominant strategy among neural network is to Sell EOG stock.

Financial State Forecast for EOG Stock Options & Futures

Rating	Short-Term	Long-Term Senior
Outlook*	B1	B2
Operational Risk	53	53
Market Risk	74	39
Technical Analysis	34	45
Fundamental Analysis	71	47
Risk Unsystematic	60	72

Prediction Confidence Score

Trust metric by Neural Network: 79 out of 100 with 790 signals.

References

1. Clements, M. P. D. F. Hendry (1996), "Intercept corrections and structural change," Journal of Applied Econometrics, 11, 475–494.
2. Matzkin RL. 2007. Nonparametric identification. In Handbook of Econometrics, Vol. 6B, ed. J Heckman, E Learner, pp. 5307–68. Amsterdam: Elsevier
3. A. Tamar and S. Mannor. Variance adjusted actor critic algorithms. arXiv preprint arXiv:1310.3697, 2013.
4. Varian HR. 2014. Big data: new tricks for econometrics. J. Econ. Perspect. 28:3–28
5. Hill JL. 2011. Bayesian nonparametric modeling for causal inference. J. Comput. Graph. Stat. 20:217–40
6. Ashley, R. (1983), "On the usefulness of macroeconomic forecasts as inputs to forecasting models," Journal of Forecasting, 2, 211–223.
7. Y. Chow and M. Ghavamzadeh. Algorithms for CVaR optimization in MDPs. In Advances in Neural Infor- mation Processing Systems, pages 3509–3517, 2014.

Frequently Asked Questions

Q: What is the prediction methodology for EOG stock?
A: EOG stock prediction methodology: We evaluate the prediction models Transductive Learning (ML) and Independent T-Test
Q: Is EOG stock a buy or sell?
A: The dominant strategy among neural network is to Sell EOG Stock.
Q: Is EOG Resources stock a good investment?
A: The consensus rating for EOG Resources is Sell and assigned short-term B1 & long-term B2 forecasted stock rating.
Q: What is the consensus rating of EOG stock?
A: The consensus rating for EOG is Sell.
Q: What is the prediction period for EOG stock?
A: The prediction period for EOG is (n+6 month)