Using the stock prices in Problem 3, calculate the exponential three-month moving average for both stocks where
Question:
Using the stock prices in Problem 3, calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price.
Data From Problem 3
The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the simple three-month moving average for each month for both companies.
IBM AMZN
$169.64.....................$600.36
173.29 ........................613.40
180.13 ........................586.76
195.81 ........................544.10
196.69 ........................529.02
204.49 ........................506.38
222.52 ........................603.69
215.23 ........................540.96
216.23 ........................515.04
213.51 ........................592.64
192.29 ........................599.39
173.10 ........................645.90
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
Step by Step Answer:
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin