Monday, September 22, 2008

Probabilistic Stock Market Forecast


I won't claim to understand or attempt to explain the math behind the investolution.com charts that predict the overall stock market for the next 40 days.
This page contains the prediction for S&P 500 Index minimum and maximum daily closing prices over the next 40 trading days.  

It is predicted that S&P 500 Index will not close under 1,178 and over 1,295 between the dates September 19, 2008 and November 14, 2008. This prediction method was accurate for 71.0% and 95.0% of the cases (for minimum and maximum predictions, respectively) within an error margin of +-5% in the past. 

Thanks Andrew for sending in the link.

1 comment:

  1. Hi,


    The market is currently enjoying a good rally which has seen most stocks gain from competitive advantage and it would be advisable for all stock market enthusiasts to seize this opportunity and plan their investments in a safer yet conducive stock market. With NIFTY hovering around 4800-4900 +, it is expected to take hold of this currently rally and be realistically be closest to 5000 more so than before in what should be its new 52 week high.

    Lot many untouched stocks are still there which are ready to blast any moment.



    Regards
    SHARETIPSINFO TEAM

    ReplyDelete