Cumulative istributionfunction: Stock price forecasting

In this paper, an attempt has been made to predict the movement of the stock price for the next day using Cumulative Distribution Function (CDF). For the purpose of the research, three companies from the Bearings Industry, namely - ABC Bearings Ltd, SNL Bearings Ltd and Austin Engineering Company Ltd, and two companies from the chemical industry, namely-Nocil ltd and Manali Petrochemicals Ltd were chosen. Historical prices of these companies were analyzed and by using Cumulative Distribution Function (CDF) the movement of the stock price for the next day is predicted.