Comparative univariate model for share price prediction / Nur Sabrina Nisa Nor Amri ... [et al.]

Axiata Group Berhad is a Malaysian incorporated telecommunications company that manages the Axiata Group. Prepaid and postpaid mobile services, television and cable television services, internet services, enterprise solutions, digital marketing and e-commerce services, mobile advertising, and machin...

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Bibliographic Details
Main Authors: Nor Amri, Nur Sabrina Nisa, Mazlan, Mazlina, Abdul Halim, Muhammad Syahmi, Ab Malek, Isnewati
Format: Monograph
Language:English
Published: UiTM Cawangan Negeri Sembilan Kampus Seremban 2022
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Online Access:https://ir.uitm.edu.my/id/eprint/68882/1/68882.pdf
https://ir.uitm.edu.my/id/eprint/68882/
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Summary:Axiata Group Berhad is a Malaysian incorporated telecommunications company that manages the Axiata Group. Prepaid and postpaid mobile services, television and cable television services, internet services, enterprise solutions, digital marketing and e-commerce services, mobile advertising, and machine-to-machine (M2M) solutions are one of the Axiata Group's products and services. The group also provides telecommunications infrastructure services and operates telecommunications towers on a regional scale. Holding an investment, selling telecommunications equipment and related products is one of the Group's other regular activities. The Covid-19 pandemic has a short-term impact on Axiata Group SDN BHD in profit and loss. In the post-Covidl9 world, winners and losers emerge as changes in consumer behavior drive new conditions while balancing health concerns, work responsibilities and lifestyle needs (Mandy, 2020). Axiata Group's net income for the first quarter of 2021 was 75.56 million ringgits, down 60% from 188.11 million ringgit in the year-ago quarter due to higher depreciation and lower one-time profits (Khalid, 2021). Celcom extends its support via digital online services and additional special relief activities for all customers during the Movement Control Order period, as many Malaysians would be working from home, contributing to social distancing efforts (Ullah, 2021). According to Makridakis (2014), forecasting is important to help organizations anticipate major tuture changes and their implications and better respond to these changes and the opportunities and risks associated with them. Therefore, this study is important forfinding the best model for predicting the share price of the Axiata Group tn November 2021. Monthly opening prices for shares were taken from the investing.com website from October 2010 to October 2021.