I want to understand what naive forecast stock price is. I'm looking for an explanation of this concept and how it's applied in the context of stock
market analysis or prediction.
6 answers
Andrea
Wed Nov 20 2024
The model in question posits a unique financial forecast.
KatanaSharp
Tue Nov 19 2024
It suggests that an asset's future price will mirror its latest value.
TaekwondoPower
Tue Nov 19 2024
In contrast, the naive persistence model stands out for its non-reliance on chance.
isabella_bailey_economist
Tue Nov 19 2024
In the realm of finance and trading, this perspective is intriguing.
CryptoWanderer
Tue Nov 19 2024
It eliminates the element of chance from the prediction process.