Forecasting stock price for xpo logistics company

Assignment Help Business Management

Reference no: EM133084987

Forecasting Stock Price for XPO Logistics Company

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 process by gathering data and determining what forecasting technique to use.Complete the following 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 all 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 recommendation to your client:

What is the data telling you?

How do you explain it to your client?

How accurate is this forecast for XPO?

Can you develop a forecasting system or model that may be more reliable and accurate? Explain.

Reference no: EM133084987

Questions Cloud

What is the total amount of the dividend that will be paid : The company's board of directors has declared a dividend of 80 cents per share. What is the total amount of the dividend that will be paid

Distinguishing risk management from compliance : Distinguishing risk management from compliance may not seem like a critical line item on your business agenda but doing so can make all the difference between m

Lodging a complaint and being unreasonable : An unhappy customer is at the front reception, loudly lodging a complaint and being unreasonable. There are other members of the public in the same area.

Public health and social responsibility : Describe the current status of gun violence. Explain the legal and ethical issues related to gun violence.

Forecasting stock price for xpo logistics company : Can you develop a forecasting system or model that may be more reliable and accurate? Explain.

Discuss the steps in cultural formation : Discuss the steps in cultural formation. Discuss the ten step culture assessment process.

Prepare trial balance and post-closing trial balance : Financial and Management Accounting - Prepare trial Balance and post-closing trial balance

Analyse the organisational learning policies : A learning organisation is one that develops itself through facilitating the learning of its members. Both individual and collective learning are key to the lon

Who is involved in the purchase process : Now that you have completed the environmental scan, your team needs to conduct a market analysis of the company's customers in the United States.

User Account

All Pages