Tesla Stock Analysis
Tesla Stock Analysis
Abstract
The financial markets are dynamic and influenced by a multitude of factors, making stock
price prediction a challenging yet crucial endeavor for investors and financial analysts.
This project focuses on utilizing machine learning techniques to analyze historical stock
data of Tesla Inc. (TSLA) and develop predictive models for future stock prices. The
primary objective is to explore patterns, trends, and influential factors that can aid in
making informed investment decisions.
The project will begin with the collection and preprocessing of historical stock data,
including daily opening and closing prices, trading volumes, and other relevant financial
indicators. Data cleaning, normalization, and feature engineering will be performed to
ensure the dataset's quality and suitability for machine learning algorithms.
The exploratory data analysis phase will involve visualizing the historical stock data,
identifying trends, and conducting statistical analyses to uncover any correlations
between Tesla's stock performance and external factors such as market indices, economic
indicators, and news sentiment.
Various machine learning algorithms, including time series models, regression models,
and ensemble methods, will be employed to predict Tesla's future stock prices. The
models will be trained on historical data and validated using out-of-sample data to assess
their accuracy and generalization capabilities. Feature importance analysis will also be
conducted to identify the key drivers influencing the stock prices.
Sentiment analysis of news articles and social media related to Tesla will be integrated
into the predictive models to capture the impact of public perception on stock prices.
Natural language processing techniques will be applied to extract sentiment scores and
relevant information from textual data.
The project aims to provide valuable insights for investors, financial analysts, and
stakeholders interested in Tesla's stock performance. The predictive models developed in
this study could serve as decision support tools, helping users anticipate potential market
trends and make more informed investment choices.
HARDWARE REQUIREMENTS
SOFTWARE REQUIREMENTS