Forecasting stocks in the Energy sector
The energy sector covers companies that do business in the oil and natural gas industry. It includes oil and gas exploration and production companies, as well as producers of other consumable fuels like coal and ethanol. The energy sector also includes the related businesses that provide equipment, materials, and services to oil and gas producers. Oddly enough, though, it doesn't include many renewable energy companies, which instead are considered utilities.
We forecast the value of securities in the Energy sector using neural networks based on historical data. Also, when forecasting, tools of technical and fundamental analysis are used, world geopolitical and news factors are taken into account.
