Prediction of Stock Market indices — Using SAS

The SAS© System has a powerful suite of tools for analyzing and forecasting data taken over a selected time period. The paper concentrates more on Stock Market (NSE-Nifty, India) & its prediction, by and large a risky venture. Knowledgeable investors base their predictions either on the basis of Fundamental Analysis, or Technical Analysis, or both. But most of the investors rely on the tips given by the experts for Stock Market Predictions. However there are many such models available such as Interrupted Time Series, Auto Regression (AR), Exponential Smoothening, Moving Average (MA), and Distributed Lags Analysis. The procedures FORECAST, ARIMA process will be illustrated.