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    Pom2 Project Topic: Forecasting of TCS Share Prices For The Next 6 Months. Member Name: Shuvom Prakash Sahu-19202040

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    PATANJALI NAYAK
    This document outlines a project to forecast the share prices of Tata Consultancy Services (TCS) for the next six months. A team of three students will analyze historical share price data from TCS and competitor Infosys to generate forecasts using simple moving average, weighted moving average, linear regression, and ANOVA tests. The forecasts will help investors understand TCS's financial health and growth potential. Data will be collected from online sources and analyzed using statistical methods to predict future TCS share values.

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    Pom2 Project Topic: Forecasting of TCS Share Prices For The Next 6 Months. Member Name: Shuvom Prakash Sahu-19202040

    Uploaded by

    PATANJALI NAYAK
    52 views2 pages
    This document outlines a project to forecast the share prices of Tata Consultancy Services (TCS) for the next six months. A team of three students will analyze historical share price data from TCS and competitor Infosys to generate forecasts using simple moving average, weighted moving average, linear regression, and ANOVA tests. The forecasts will help investors understand TCS's financial health and growth potential. Data will be collected from online sources and analyzed using statistical methods to predict future TCS share values.

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    This document outlines a project to forecast the share prices of Tata Consultancy Services (TCS) for the next six months. A team of three students will analyze historical share price data from TCS and competitor Infosys to generate forecasts using simple moving average, weighted moving average, linear regression, and ANOVA tests. The forecasts will help investors understand TCS's financial health and growth potential. Data will be collected from online sources and analyzed using statistical methods to predict future TCS share values.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    52 views2 pages

    Pom2 Project Topic: Forecasting of TCS Share Prices For The Next 6 Months. Member Name: Shuvom Prakash Sahu-19202040

    Uploaded by

    PATANJALI NAYAK
    This document outlines a project to forecast the share prices of Tata Consultancy Services (TCS) for the next six months. A team of three students will analyze historical share price data from TCS and competitor Infosys to generate forecasts using simple moving average, weighted moving average, linear regression, and ANOVA tests. The forecasts will help investors understand TCS's financial health and growth potential. Data will be collected from online sources and analyzed using statistical methods to predict future TCS share values.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    POM2 PROJECT

    Topic: Forecasting of TCS share prices for the next 6 months.


    Member name: Shuvom Prakash Sahu-19202040
    Shyam Prasad Behera-19202041
    Swagat Rout-19202059
    Brief Introduction:
    TCS is one of the biggest IT giants in India. The share values of TCS are facing severe
    threats from other IT companies like Infosys, Wipro and many others.
    Objective:
    To forecast the future share values of TCS based on the current and past share values data
    from last 1 year. In order to provide the accurate forecasting data, we have taken into account
    the closing stock and opening stock of the IT giant. Apart from this, we have even compared
    the data from the next best company i.e. Infosys and will be showing a detailed comparison in
    stock prices for both the companies in next 6 months.
    Data sources:
    URLs:
     https://www.moneycontrol.com/stocks/hist_stock_result.php?
    ex=B&sc_id=TCS&mycomp=tcs
     https://www.moneycontrol.com/stocks/hist_stock_result.php?
    ex=B&sc_id=IT&mycomp=Infosys
    Reasons for selecting the data:
    As the share value of a company is a major factor in determining the financial health of the
    company and it has the ability to grow and increase the profits in the future. If we will be able
    to forecast the future share values of the company, it will ultimately attract more investors to
    the company and increase the profit for the company.
    Step-1: Open the above links.
    Step-2: Click on “Change” button
    Step-3: We will enter the company name in “Enter company” tab.
    Step-4: From the “Monthly” tab, we collected the last 12 months’ data.
    Types of Analysis that will be performed:
    1-Simple moving average forecasting method: Since we have the past 1-year data, so using
    this method, we can easily find out the future trends the share price will follow for next 6
    months.
    2-Weighted moving average forecasting method: In order to forecast the trend better than the
    simple moving average, we tried forecasting using weighted moving average method.
    3-Linear regression: The main objective for choosing this analysis is that we can forecast the
    share values keeping in mind the “opening” stock as the dependent variable and “closing”
    stock as the independent variable.
    POM2 PROJECT

    4-Anova test: The main reason for conducting this analysis is to determine whether there are
    any statistical significance differences between the means of 2 or more independent groups.

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