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The Excel file Closing Stock Prices.xlsx provides data for four stocks and the Dow Jones Industrials Index over a 1-month period. a. Develop spreadsheet models
The Excel file Closing Stock Prices.xlsx provides data for four stocks and the Dow Jones Industrials Index over a 1-month period.
a. Develop spreadsheet models for forecasting each of the stock prices using simple 2-period moving average and simple exponential smoothing with a smoothing constant of 0.3.
b. Compare your results to the outputs from Excels Data Analysis tools.
c. Using MAD, MSE, and MAPE as guidance, find the best number of moving average periods and best smoothing constant for exponential smoothing.
Closing Stock Prices | |||||
Date | IBM | INTC | CSCO | GE | DJ Industrials Index |
09/03/2010 | $127.58 | $18.43 | $21.04 | $15.39 | 10447.93 |
09/07/2010 | $125.95 | $18.12 | $20.58 | $15.44 | 10340.69 |
09/08/2010 | $126.08 | $17.90 | $20.64 | $15.70 | 10387.01 |
09/09/2010 | $126.36 | $18.00 | $20.61 | $15.91 | 10415.24 |
09/10/2010 | $127.99 | $17.97 | $20.62 | $15.98 | 10462.77 |
09/13/2010 | $129.61 | $18.56 | $21.26 | $16.25 | 10544.13 |
09/14/2010 | $128.85 | $18.74 | $21.45 | $16.16 | 10526.49 |
09/15/2010 | $129.43 | $18.72 | $21.59 | $16.34 | 10572.73 |
09/16/2010 | $129.67 | $18.97 | $21.93 | $16.23 | 10594.83 |
09/17/2010 | $130.19 | $18.81 | $21.86 | $16.29 | 10607.85 |
09/20/2010 | $131.79 | $18.93 | $21.75 | $16.55 | 10753.62 |
09/21/2010 | $131.98 | $19.14 | $21.64 | $16.52 | 10761.03 |
09/22/2010 | $132.57 | $19.01 | $21.67 | $16.50 | 10739.31 |
09/23/2010 | $131.67 | $18.98 | $21.53 | $16.14 | 10662.42 |
09/24/2010 | $134.11 | $19.42 | $22.09 | $16.66 | 10860.26 |
09/27/2010 | $134.65 | $19.24 | $22.11 | $16.43 | 10812.04 |
09/28/2010 | $134.89 | $19.51 | $21.86 | $16.44 | 10858.14 |
09/29/2010 | $135.48 | $19.24 | $21.87 | $16.36 | 10835.28 |
09/30/2010 | $134.14 | $19.20 | $21.90 | $16.25 | 10788.05 |
10/01/2010 | $135.64 | $19.32 | $21.91 | $16.36 | 10829.68 |
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