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Record W4328096872 · doi:10.54691/bcpbm.v40i.4402

Using the Nasdaq Index to Predict AAPL Price by Linear Regression Analysis

2023· article· en· W4328096872 on OpenAlexaff
Junqi Jin, Haochen Ma

Bibliographic record

VenueBCP Business & Management · 2023
Typearticle
Languageen
FieldDecision Sciences
TopicStock Market Forecasting Methods
Canadian institutionsUniversity of Toronto
Fundersnot available
KeywordsEconometricsLinear regressionAutocorrelationStatisticsIndex (typography)ResidualRegression analysisCapitalization-weighted indexSimple linear regressionStock marketStock market indexComputer scienceMathematicsAlgorithm

Abstract

fetched live from OpenAlex

In this project, we want to predict AAPL’s stock price by the NASDAQ index by the regression model. The dependent variable is AAPL’s stock price, and the independent variable is the NASDAQ index. First, we do some descriptive statistics for the two variables and measure the distribution from the central tendency, variation tendency, and distribution to acknowledge the character of distributions. Based on the strong linear relationship between AAPL stock price and the NASDAQ index, we constructed a simple linear regression model. Considering the scale of the two variables, we tried the other three models with log transformation. And then, it shows that the log-log model has the best performance. However, in the residual analysis of the log-log model, it shows an autocorrelation in the residual, then we generate a new variable that is the one-order term for AAPL and add it into the model, and it surprisingly performs very well, whose R square is up to 99.72%. Therefore, we think combining the linear relationship with the market and the autocorrelation itself can construct a good model, and it can apply to predict much other stock's prices in the market.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.006
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.016
Threshold uncertainty score0.033

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.006
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0000.001
Bibliometrics0.0030.002
Science and technology studies0.0000.000
Scholarly communication0.0010.001
Open science0.0010.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0020.002

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.152
GPT teacher head0.434
Teacher spread0.282 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2023
Admission routes1
Has abstractyes

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