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Use GM file data that is listed below. GM data is a 5-year stock price and trade volume for General Motors Company (GM) from May

Use GM file data that is listed below. GM data is a 5-year stock price and trade volume for General Motors Company (GM) from May 2016 through April 2021. This data includes average daily open, high, low, and close price of the month. “Adj close” column applies adjustments on close price due to splits and dividends. Volume represents the shares traded during the month. 

a. Which one of the following forecasting methods works best for “High” price of the next month based on MAD criterion if you use the entire available data set? b. What is your next month forecast of GM “High” stock price using the best method you found in question 1? 

c. What is your next month forecast for GM adjusted close stock price (Adj Close) using double exponential smoothing with the best smoothing constants. Check all combinations of smoothing factors alpha and beta for values between 0.1 and 1, incrementing 0.1 at a time to find the best value. 

d. What is your next month forecast for GM adjusted close stock price (Adj Close) using additive seasonality without a trend? Check all combinations of smoothing factors alpha and gamma for values between 0.1 and 1, incrementing 0.1 at a time to find the best value. 

e. What is your next month forecast for GM adjusted close stock price (Adj Close) using Multiplicative seasonality without a trend? Check all combinations of smoothing factors alpha and gamma for values between 0.1 and 1, incrementing 0.1 at a time to find the best value. 

f. What is your next month forecast for GM adjusted close stock price (Adj Close) using Excel function FORECAST.ETS with seasonality? 

g. What is your next month forecast for GM adjusted close stock price (Adj Close) using simple regression? use only partial data starting from March 2020 h. Based on the results from all forecasting methods you used for GM adjusted close stock price (Adj Close) data, which one is the best method based on the MAPE criterion?

DateOpenHighLowCloseAdj CloseVolume
5/1/201632.0532.1230.1731.2826.41028210049700
6/1/201631.1531.1527.3428.323.89422303560000
7/1/201628.6932.8727.5231.5426.96882295969400
8/1/201631.5432.0929.8231.9227.29375262310700
9/1/201631.8632.5530.1331.7727.16548299362600
10/1/201631.6433.0830.8831.627.34362244472800
11/1/201631.734.9830.2134.5329.87895314369400
12/1/201634.8137.7434.6734.8430.1472310509400
1/1/201734.9838.3834.8436.6132.02243287500800
2/1/201736.6838.134.7236.8432.22361287888900
3/1/201737.238.5533.7935.3630.92907397935200
4/1/201735.3635.433.3734.6430.6093249493100
5/1/201734.6334.6531.9233.9329.98192322113200
6/1/201734.0635.0533.0534.9330.86556260038700
7/1/201734.5236.6334.4535.9832.1482204852000
8/1/201735.8136.7434.5936.5432.64856193493000
9/1/201736.7340.6936.6240.3836.0796275318700
10/1/201741.0146.7640.842.9838.79405358941400
11/1/201742.7245.3541.3543.0938.89333270788400
12/1/201743.1943.4240.740.9936.99786233305300
1/1/201841.2445.5241.1542.4138.62781278088700
2/1/201842.1243.5639.3239.3535.8407267909800
3/1/201839.5939.5934.536.3433.09914288911100
4/1/201836.139.6735.2336.7433.80384221705000
5/1/201836.7642.7735.2842.739.28752236116800
6/1/201842.984539.3739.436.25126279572100
7/1/201839.0840.536.2637.9135.18469229946700
8/1/201837.8938.3235.2136.0533.45839226191400
9/1/20183636.4933.2833.6731.24949241380000
10/1/201834.337.0530.5636.5934.32923389476100
11/1/201836.2438.7533.8537.9535.6052266802600
12/1/20183939.6131.4633.4531.38324227541200
1/1/201932.8539.1432.239.0236.99402245901200
2/1/201938.9140.7438.0139.4837.43014180097400
3/1/201939.8541.536.2637.135.17371179459600
4/1/201937.440.4537.3338.9537.29414159149400
5/1/20193939.233.1533.3431.92263219724700
6/1/201933.3538.9933.0838.5336.89199175430400
7/1/201938.934137.5840.3439.03896150765800
8/1/201941.2641.935.5837.0935.89378151235200
9/1/201936.8939.7836.4437.4836.2712170562500
10/1/201937.4738.733.7137.1636.32246212810900
11/1/201937.2138.9634.593635.18861191233100
12/1/201936.0137.6234.9636.635.77509172043000
1/1/20203737.3832.9733.3932.98758206959200
2/1/202033.5635.7929.3330.530.13241246636600
3/1/202030.5232.314.3320.7820.52956493637100
4/1/202019.524.9917.7922.2922.29359999200
5/1/202021.6528.8320.1225.8825.88347689800
6/1/202025.9931.6624.2525.325.3350991100
7/1/202025.327.3323.3324.8924.89307217800
8/1/202025.0631.1224.8229.6329.63273334700
9/1/202029.5333.3328.2429.5929.59341929300
10/1/202029.5238.0329.1534.5334.53309217200
11/1/202035.1246.7134.2343.8443.84380303700
12/1/202044.7845.4540.0641.6441.64274333300
1/1/202141.9556.9740.0450.6850.68628903000
2/1/202151.4657.0549.3551.3351.33418988300
3/1/202152.4162.2450.2557.4657.46515673800
4/1/202157.9263.4457.0460.1660.16130273100


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