Creating a trend line slope

Reference no: EM1366616

Select your favorite financial site on the web. Go there and see the stock price for Coca Cola for the 1st trading day in March and April of this year. Create a trend line slope (change in dollars per month). Check the stock price for the first trading day in May. Was it at, above or below the value that your trend line predicted? Show your work and give us some ideas of why the stock was at the May level. Extend the trend line for another month and check the expected price (from your extended trend line) against the stock price for the first trading day in June. Show your work and give us some ideas of why the stock was at the May and June levels. What do you think about using this kind of trend line to predict stock performance?

Reference no: EM1366616

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