Consider the quarterly earnings per share of the Johnson & Johnson from the first quarter of 1992
Question:
Consider the quarterly earnings per share of the Johnson & Johnson from the first quarter of 1992 to the second quarter of 2011. The data are in the file q-jnj-earns-9211.txt and are obtained from the First Call Historical Database of Thomson Reuters. Take log transformation of the data if necessary. Build a time series model for the data. Perform model checking to assess the adequacy of the fitted model. Write down the model. Refit the model using data from 1992 to 2008. Perform 1-step to 10-step ahead forecasts of the quarterly earnings and obtain a forecast plot.
Step by Step Answer:
Related Book For
An Introduction To Analysis Of Financial Data With R
ISBN: 9780470890813
1st Edition
Authors: Ruey S Tsay
Question Posted: