Analyzing Stock Prices of Australia and New Zealand Banking Group

This study explores the changes exhibited by the stock prices of Australia and New Zealand Banking Group (ANZ) and uses stochastic modeling to predict the stock prices and compute factors affecting the prices. The study also discusses the concepts of data exploration and visualization, stochastic modeling, volatility, drift, and the property of geometric Brownian motion (GBM). The analysis is based on the stock prices of ANZ recorded over a three-month period.