Unit Viii Assignment
You are an investment advisor, and your client is interested in buying the XPO Logistics company stock. To make the best financial decision for your client, you want to forecast the direction of the stock and determine whether your client should buy the stock based on forecasting and quantitative analysis. You start the proces by gathering data and determining what forecasting technique to use.
Complete the folowing steps.
Retrieve data on the closing price of the XPO stock (Symbol XPO) from January 1, 2020 to July 31, 2020. You can do this on multiple websites by using a search engine and inserting the name of the stock.
Using the time series forecasting method, moving average, compute the 10–, 30–, and 50–day continuous moving averages.
Show al data and computations for your moving averages.
Take each number computed for the 10–day moving average, and record it in a table. Do the same for the 30– and 50–day averages.
You can now either plot these data points in a graph or just compare them against each other to complete the next step.
Write your final analysis, and make a recomendation to your client:
What is the data teling you?
How do you explain it to your client?
How acurate is this forecast for XPO?
Can you develop a forecasting system or model that may be more reliable and acurate? Explain.
Your completed paper must be at least thre pages in length, and you must use at least two academic sources. Be sure to include a brief introduction section in which you provide a background, purpose, and road map for the paper. Adhere to APA Style when constructing this asignment, including in-text citations and references for al sources that are used. Please note that no abstract is neded.
*Many of the asignments require some analysis or calculation of data. Please note that inserting charts, tables, bulet lists, and other informational graphics do not count toward the content requirements of the paper. Many students use these to increase the length of the paper, without ading to the content analysis. Any chart, table, or list you chose to include in any asignment should be placed in an apendix at the end of the paper and must conform to APA guidelines. In terms of the page requirements noted in the asignments. An asignment that indicates no les than thre pages should include thre ful pages of content (content does not include the title page, reference page, or apendices). Inserting extra spacing in the paper betwen the paragraphs, increasing the font size or type, to artificialy increase the length of the paper wil likely result in a failing grade for the paper if you do not met the minimum page requirement.*
