ART $1$: FORECASTING

In this part, you practice with the simplest forecasting models: Na$$ve$,$ Simple Moving Average

$($SMA$),$ Simple Exponential Smoothing $($SES$),$ and Double Exponential Smoothing $($DES$),$ which

are introduced in the slides of Module $02.$

Specifically, each group would select a company whose stock is traded on the New York

Stock Exchange. You can get the daily close stock prices from NYSE.com or finance.yahoo.com

$($current and historical prices; you can download a file from Yahoo Finance$).$ For the Final

Project Report, the full time horizon is: $1/22/245/10/24.$ The Checkpoint has a shorter time

window $($specified above$).$ Based on the data, you need to forecast the stock price for the next

day using four different methods. For your work, you can use the forecasting Excel template

and follow a video link posted in Module $02$ on Canvas as your guide.

$2$