Forecasting of BSE-SENSEX @EOD using Astronomical Parameters

Abstract

The main aim  of this research/experiment work is to explore the relationship/association between selected astronomical parameters and the End-Of-The-Day (EOD) stock index returns. This relationship could be utilized to forecast the expected outcome of EOD closing. The present research work evaluates the effect of selected astronomical parameters (Moon-Phase) on the past 39 years of Indian BSE-SENSEX index data  and forecast the probable future day closing i.e. whether positive or neutral  or negative closing. The system would eventually filter the stock index data for selected astronomical parameters for a given day and find out the Strike-Rate (number of bullish days & bearish days), Average-Daily-Returns (ADR), Standard Deviation, Range, Gap-Ups/Gap-Downs. These parameters along with the historical plot of ADR for each Moon-Phase versus date has been analyzed to forecast the probable EOD closing for a given date.

 Keywords: Financial Astronomy, Stock Market Astrology, Stock Prediction, Lunar Phases, Moon Phase, Moon Cycles.