Predicting Tesla Stock Prices¶

Motivation¶

Tesla is one of the most popular and talked-about companies in the stock market today. As a result, predicting the company's stock price may seem very enticing to investors. By using data science, we can provide helpful insights for investors looking to make informed decisions.

Solution¶

By using machine learning algorithms, we can analyze historical stock prices and predict future trends. We can also identify patterns and trends within the data along the way. This will then give a helping hand to investors looking at Tesla

Yahoo Finance. (n.d.). Tesla, Inc. (TSLA) Historical Data. Retrieved February 26, 2023, from https://finance.yahoo.com/quote/TSLA/history/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAAfU1huCPC2LeeEGDtaLhIQjWVasH9SS7s4IZUKBFbjI8czcSsTQI5AxsT9aiArCISKmuock2qHmmJfL7I1XSoGmK55gcjMiJSSe3bJuAeLvJGPnlO4P6t-qFUflc6AwZ1t_uxeff4l0YmdY60cMSVd6W3OJ7Gikd-fX48u0FM32

Data Set¶

We will use a Kaggle datset of Tesla Stock to analyze the following features:

Data Dictionary¶

  • Date: the date of the trading day
  • Open: the opening price of Tesla's stock on the trading day
  • High: the highest price of Tesla's stock on the trading day
  • Close: the closing price of Tesla's stock on the trading day
  • Adj Close: The adjusted closing price of Tesla's stock on the trading day
  • Volume: The number of shares of Tesla's stock traded on the trading day
In [4]:
import pandas as pd

pd.read_csv('TSLA.csv').head()
Out[4]:
Date Open High Low Close Adj Close Volume
0 2010-06-29 3.800 5.000 3.508 4.778 4.778 93831500
1 2010-06-30 5.158 6.084 4.660 4.766 4.766 85935500
2 2010-07-01 5.000 5.184 4.054 4.392 4.392 41094000
3 2010-07-02 4.600 4.620 3.742 3.840 3.840 25699000
4 2010-07-06 4.000 4.000 3.166 3.222 3.222 34334500

How the data will be used¶

The data will be used to analzye the historical trends and patterns in the Tesla stock prices, and build a predictive model that can forecast future stock prices. Linear regression can be an option for machine learning that will allow us to predict future stock prices for Tesla.

In [ ]: