Forecasting stocks in the Technology sector
The communication services sector is the newest of the GICS sectors and includes a couple of major areas that used to be part of other sectors. Telecommunication services providers, including both wireless telecom networks and providers of old-style landline services, make up one wing of the sector. At the other end are media and entertainment companies, including both older media like television and radio and interactive media via the internet and newer forms of communication.
We forecast the value of securities in the Technology 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.