Question
Use the TREND formula to forecast the price for the following week after the period of analysis. What is the valuation of the share
Use the TREND formula to forecast the price for the following week after the period of analysis.
What is the valuation of the share price? Provide explanation.
Would you recommend buying a portfolio of these shares for the upcoming year? Explain your answer.
Date | Open | High | Low | Close | Adj Close | Volume |
2023-03-06 | 24.10 | 24.57 | 23.60 | 23.85 | 22.19 | 29286073 |
2023-03-13 | 23.74 | 24.03 | 22.68 | 22.81 | 21.23 | 61459796 |
2023-03-20 | 22.59 | 23.21 | 22.39 | 22.52 | 20.96 | 34160854 |
2023-03-27 | 22.79 | 23.07 | 22.39 | 22.93 | 21.34 | 35727391 |
2023-04-03 | 23.05 | 23.52 | 23.05 | 23.19 | 21.58 | 24239924 |
2023-04-10 | 23.19 | 24.00 | 23.19 | 23.98 | 22.32 | 23589516 |
2023-04-17 | 24.24 | 24.59 | 24.03 | 24.33 | 22.64 | 28338730 |
2023-04-24 | 24.50 | 24.50 | 24.04 | 24.35 | 22.66 | 21180380 |
2023-05-01 | 24.50 | 24.63 | 22.88 | 23.80 | 22.15 | 40634309 |
2023-05-08 | 23.94 | 24.57 | 23.53 | 24.50 | 22.80 | 51175459 |
2023-05-15 | 23.72 | 24.03 | 23.18 | 23.97 | 22.31 | 37043191 |
2023-05-22 | 24.05 | 24.12 | 23.32 | 23.47 | 22.59 | 33031878 |
2023-05-29 | 23.82 | 23.86 | 22.58 | 22.77 | 21.91 | 47824351 |
2023-06-05 | 22.95 | 23.28 | 22.61 | 22.85 | 21.99 | 32906369 |
2023-06-12 | 22.85 | 23.29 | 22.70 | 23.28 | 22.41 | 41745455 |
2023-06-19 | 23.30 | 23.88 | 22.71 | 22.82 | 21.96 | 35242804 |
2023-06-26 | 22.86 | 23.94 | 22.64 | 23.71 | 22.82 | 37835434 |
2023-07-03 | 23.80 | 24.20 | 23.14 | 23.28 | 22.41 | 29413377 |
2023-07-10 | 23.43 | 24.50 | 23.22 | 24.44 | 23.52 | 32013737 |
2023-07-17 | 24.43 | 25.65 | 24.38 | 25.16 | 24.21 | 45582877 |
2023-07-24 | 25.17 | 25.88 | 24.90 | 25.76 | 24.79 | 32774006 |
2023-07-31 | 25.85 | 25.93 | 25.03 | 25.45 | 24.49 | 33225796 |
2023-08-07 | 25.31 | 25.63 | 25.15 | 25.35 | 24.40 | 26495341 |
2023-08-14 | 25.29 | 25.31 | 24.40 | 24.49 | 23.57 | 27131235 |
2023-08-21 | 24.45 | 24.67 | 24.07 | 24.34 | 23.43 | 27958508 |
2023-08-28 | 24.37 | 25.33 | 24.32 | 25.17 | 24.22 | 27413702 |
2023-09-04 | 25.26 | 25.38 | 24.65 | 24.93 | 23.99 | 19659639 |
2023-09-11 | 25.12 | 25.90 | 25.00 | 25.70 | 24.73 | 27570549 |
2023-09-18 | 25.62 | 25.80 | 24.50 | 25.03 | 24.09 | 31635637 |
2023-09-25 | 25.02 | 25.78 | 24.72 | 25.66 | 24.70 | 26708002 |
2023-10-02 | 25.55 | 25.59 | 24.83 | 25.32 | 24.37 | 27176636 |
2023-10-09 | 25.33 | 26.08 | 25.26 | 25.71 | 24.74 | 25962562 |
2023-10-16 | 25.59 | 25.97 | 25.15 | 25.27 | 24.32 | 26116263 |
2023-10-23 | 25.12 | 25.45 | 24.57 | 24.85 | 23.92 | 25853310 |
2023-10-30 | 24.63 | 25.75 | 24.34 | 25.60 | 24.64 | 30930053 |
2023-11-06 | 25.65 | 26.00 | 25.32 | 25.47 | 24.51 | 30162394 |
2023-11-13 | 24.75 | 25.11 | 23.90 | 24.07 | 23.17 | 58252944 |
2023-11-20 | 24.12 | 24.47 | 24.10 | 24.40 | 24.40 | 25425235 |
2023-11-27 | 24.30 | 24.49 | 24.11 | 24.43 | 24.43 | 29651210 |
2023-12-04 | 24.54 | 24.75 | 24.23 | 24.61 | 24.61 | 31509487 |
2023-12-11 | 24.55 | 25.73 | 24.55 | 25.54 | 25.54 | 41706587 |
2023-12-18 | 25.38 | 25.90 | 25.36 | 25.80 | 25.80 | 30598340 |
2023-12-25 | 25.80 | 26.05 | 25.80 | 25.92 | 25.92 | 11388204 |
2024-01-01 | 25.92 | 26.08 | 25.42 | 25.62 | 25.62 | 17342482 |
2024-01-08 | 25.65 | 26.09 | 25.57 | 25.90 | 25.90 | 19140268 |
2024-01-15 | 25.94 | 26.13 | 25.42 | 26.13 | 26.13 | 20226636 |
2024-01-22 | 26.25 | 26.78 | 26.20 | 26.67 | 26.67 | 19903885 |
2024-01-29 | 26.75 | 27.26 | 26.68 | 27.26 | 27.26 | 25237660 |
2024-02-05 | 27.12 | 27.81 | 26.90 | 27.68 | 27.68 | 24535491 |
2024-02-12 | 27.65 | 28.47 | 27.51 | 28.42 | 28.42 | 24795382 |
2024-02-19 | 28.31 | 28.52 | 27.39 | 28.29 | 28.29 | 29156258 |
2024-02-26 | 28.30 | 28.75 | 28.21 | 28.75 | 28.75 | 24805919 |
2024-03-04 | 28.80 | 28.91 | 28.63 | 28.73 | 28.73 | 6941083 |
2024-03-06 | 28.80 | 29.00 | 28.75 | 28.83 | 28.83 | 2049377 |
Q1. Use the TREND formula to forecast the price for the following week after the period of analysis.
Q2. Analyse the company you chose.
i. What is the valuation of the share price? Provide explanation.
ii. Would you recommend buying a portfolio of these shares for the upcoming year? Explain your answer.
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