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Unleashing the Power of Data: An Analysis of Nifty 50 Pharmaceutical stocks

  • Manayath Dhanya,
  • Sanju Kaladharan,
  • R. Manjima,
  • Nikhita Sreekumar,
  • Abith Vijayakumaran

摘要

This study uses the ARIMA and the Holt model to create an accurate prediction model for the daily closing price of Pharma business stock market Nifty 50 from April 1, 2017, to March 31, 2022. The pharmaceutical stock market has expanded greatly in recent years, developed quickly, and now plays a vital role in the global economy. We develop ARIMA and Holt models to forecast future market values using closing price data. Then, various performance measures are used to compare the precision of these models. (RMSE).