The file P12_24.xlsx contains the daily closing prices of Procter & Gamble stock from April 2017 to
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The file P12_24.xlsx contains the daily closing prices of Procter & Gamble stock from April 2017 to April 2018. Use only the 2017 data to estimate the trend component of the random walk model. Next, use the estimated random walk model to forecast the behavior of the time series for the 2018 dates in the series. Comment on the accuracy of the generated forecasts over this period. How could you improve the forecasts as you progress through the 2018 trading days?
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Related Book For
Business Analytics Data Analysis And Decision Making
ISBN: 9780357109953
7th Edition
Authors: S. Christian Albright, Wayne L. Winston
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