What is price prediction and how does it work?

Price prediction uses an algorithm to analyze a product or service based on its characteristics, demand, and current market trends. Then the software sets a price at a level it predicts will both attract customers and maximize sales. In some circles, the practice is called price forecasting or predictive pricing.

How to predict the stock market?

Predicting how the stock market will perform is a hard task to do. There are other factors involved in the prediction, such as physical and psychological factors, rational and irrational behavior, and so on. All these factors combine to make share prices dynamic and volatile. This makes it very difficult to predict stock prices with high accuracy.

What is price prediction powered by machine learning?

Price prediction powered by machine learning is one of the most powerful tools in any company’s toolkit. Because automated price forecasting can help you stay in sync with your market and, ultimately, improve the effectiveness of your sales process.

Does the test set prediction look good on first glance?

The test set prediction does not look good at first glance but firstly, this 2nd model managed to generally predict the price direction correctly simply from the differences in the training set (without reference to price), even though the trend in the test set sharply increases.