In this project, I will be using R to predict the TSLA stock.
I will use the ARIMA modelling, more specifically, auto ARIMA to predict the stock rise.
(Disclaimer) This is presentation is not to be taken as an investment advice.
1/31/2021
Description
The Tesla Stock Data
The data will be is from Yahoo! Finance.
Here’s a peek at the data
| TSLA.Open | TSLA.High | TSLA.Low | TSLA.Close | TSLA.Volume | TSLA.Adjusted |
|---|---|---|---|---|---|
| 4.810 | 4.824 | 4.700 | 4.820 | 4151500 | 4.820 |
| 4.862 | 4.946 | 4.708 | 4.782 | 3539000 | 4.782 |
| 4.832 | 4.836 | 4.734 | 4.788 | 2847500 | 4.788 |
| 4.764 | 4.780 | 4.630 | 4.726 | 2560000 | 4.726 |
| 4.688 | 4.734 | 4.644 | 4.692 | 2720000 | 4.692 |
| 4.652 | 4.652 | 4.576 | 4.614 | 4475500 | 4.614 |
Plot of TSLA.close stock
Prediction from ARIMA Model
From our prediction, it shows there was little possiblity our ARIMA model could ever predict the huge stock rise of tesla.