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e) Use SP500 returns from 1/4/16 to 10/3/16 and your estimated results(the regression numbers) forecast monthly returns for JPM from 1/4/16 to 10/3/16. Finally, calculate
e) Use SP500 returns from 1/4/16 to 10/3/16 and your estimated results(the regression numbers)forecast monthly returns for JPM from 1/4/16 to 10/3/16. Finally, calculate MAPE of your forecast. Please show excel forumulas and upload excel work book if possible, using external link. If you don't know how to do this please don't say need more information this is all the information given and needed, it slows my answer down, if you can't do it just please pass it by.
Estimated Results from previous problem
SUMMARY OUTPUT | ||||||||
Regression Statistics | ||||||||
Multiple R | 0.666203967 | |||||||
R Square | 0.443827726 | |||||||
Adjusted R Square | 0.420653881 | |||||||
Standard Error | 2.325525728 | |||||||
Observations | 26 | |||||||
ANOVA | ||||||||
df | SS | MS | F | Significance F | ||||
Regression | 1 | 103.5758804 | 103.5759 | 19.1521 | 0.000203 | |||
Residual | 24 | 129.7936779 | 5.40807 | |||||
Total | 25 | 233.3695583 | ||||||
Coefficients | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | Lower 95.0% | Upper 95.0% | |
Intercept | 0.275875942 | 0.463647873 | 0.595012 | 0.557405 | -0.68105 | 1.232798 | -0.68105 | 1.232798 |
X Variable 1 | 0.033045114 | 0.007550906 | 4.376311 | 0.000203 | 0.017461 | 0.048629 | 0.017461 | 0.048629 |
Returns
JPM | SP500 | |
1/4/2016 | 58.18 | 1940.24 |
2/1/2016 | 55.05 | 1932.23 |
3/1/2016 | 57.91 | 2059.74 |
4/1/2016 | 62.26 | 2065.30 |
5/2/2016 | 64.30 | 2096.95 |
6/1/2016 | 61.22 | 2098.86 |
7/1/2016 | 63.51 | 2173.60 |
8/1/2016 | 67.01 | 2170.95 |
9/1/2016 | 66.11 | 2168.27 |
10/3/2016 | 68.13 | 2139.18 |
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