You are an investment advisor, and your client is interested in buying the XPO Logistics company stock.
Retrieve data on the closing price of the XPO stock 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.
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.