An investor seeking to gain from the positive momentum of a companys stock price analyzes 53 weeks
Question:
An investor seeking to gain from the positive momentum of a company’s stock price analyzes 53 weeks of stock price data. The accompanying file includes the data.
a. Estimate and interpret the linear trend model (no seasonality).
b. Make a forecast for the next week (54th week).
Week | Price |
1 | 97.92 |
2 | 98.83 |
3 | 95.33 |
4 | 93.4 |
5 | 95.89 |
6 | 96.68 |
7 | 98.78 |
8 | 98.66 |
9 | 104.21 |
10 | 107.48 |
11 | 108.18 |
12 | 109.36 |
13 | 106.94 |
14 | 107.73 |
15 | 103.13 |
16 | 114.92 |
17 | 112.71 |
18 | 113.05 |
19 | 114.06 |
20 | 117.63 |
21 | 116.6 |
22 | 113.72 |
23 | 108.84 |
24 | 108.43 |
25 | 110.06 |
26 | 111.79 |
27 | 109.9 |
28 | 113.95 |
29 | 115.97 |
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Related Book For
Business Analytics
ISBN: 9781265897109
2nd Edition
Authors: Sanjiv Jaggia, Alison Kelly, Kevin Lertwachara, Leida Chen
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