Splunk Search

How to edit my timechart search with the predict command to predict a particular value?

kranthimutyala
Path Finder
index=stocks|timechart span=1d stock_price  as price |predict price

I'm using a search like this I need to predict the future stock price value of a particular stock. If I'm using any timechart function, the desired results are not being generated. Please help me on this.

Tags (3)
0 Karma
1 Solution

martin_mueller
SplunkTrust
SplunkTrust

From a Splunk point of view, your timechart needs a function such as avg(stock_price) or latest(stock_price) or earliest(stock_price) to churn a day's worth of spot prices into a daily average, closing, opening, etc. price.

From a reality point of view, predicting stock prices based on past values is at best challenging, more realistically it's futile.

View solution in original post

sundareshr
Legend

First, I'm not sure predicting stock price is a right use case for this command. Stock values are influenced by external factors, not all within your dataset. Having said that, if you want to forecast the values purely based on the timeseries data you could try something like this (assuming stock_price field has numeric values, no currency symbols etc)

index=stocks | timechart span=1h max(stock_price) as price | predict price
0 Karma

martin_mueller
SplunkTrust
SplunkTrust

From a Splunk point of view, your timechart needs a function such as avg(stock_price) or latest(stock_price) or earliest(stock_price) to churn a day's worth of spot prices into a daily average, closing, opening, etc. price.

From a reality point of view, predicting stock prices based on past values is at best challenging, more realistically it's futile.

Career Survey
First 500 qualified respondents will receive a $20 gift card! Tell us about your professional Splunk journey.

Can’t make it to .conf25? Join us online!

Get Updates on the Splunk Community!

Can’t Make It to Boston? Stream .conf25 and Learn with Haya Husain

Boston may be buzzing this September with Splunk University and .conf25, but you don’t have to pack a bag to ...

Splunk Lantern’s Guide to The Most Popular .conf25 Sessions

Splunk Lantern is a Splunk customer success center that provides advice from Splunk experts on valuable data ...

Unlock What’s Next: The Splunk Cloud Platform at .conf25

In just a few days, Boston will be buzzing as the Splunk team and thousands of community members come together ...