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An investment agent intends to use moving average to observe the trend of one of his stock. He obtained the share price of his stock
- An investment agent intends to use moving average to observe the trend of one of his stock. He obtained the share price of his stock for the past 7 months, from JAN 2021 to JULY 2021 as stated in the table below.
Month | JAN 2021 | FEB 2021 | MAR 2021 | APR 2021 | MAY 2021 | JUN 2021 | JUL 2021 |
Share price (RM/unit) | 1.52 | 1.60 | 2.10 | 2.32 | 2.90 | 2.38 | 2.65 |
- Use a 3-months moving average of the share price to forecast for the month of MAY 2021 and find the forecast error. (Please round the forecasted figures to 2 decimal places).
- marks)
- Use a 5-months moving average of the share price to forecast for the month of JUN 2021 and find the forecast error. (Please round the forecasted figures to 2 decimal places).
- marks)
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