Question
You fit different ARIMA models to predict the stock price of Tech Mahindra. The following are the AIC statistics associated with each of the fitted
You fit different ARIMA models to predict the stock price of Tech Mahindra. The following are the AIC statistics associated with each of the fitted models.
ARIMA(2,1,2) with drift : 22575.8
ARIMA(0,1,0) with drift : 22584.49
ARIMA(1,1,0) with drift : 22583.14
ARIMA(0,1,1) with drift : 22581.8
ARIMA(0,1,0) : 22584.73
ARIMA(1,1,2) with drift : 22574.58
ARIMA(0,1,2) with drift : 22572.16
ARIMA(0,1,3) with drift : 22573.68
ARIMA(1,1,1) with drift : 22576.47
ARIMA(1,1,3) with drift : 22568.05
Based on the output of the above models, shortlist the model with the best AIC values and write down the mathematical equation of the price for the best model.
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