Current Forecast of CAC 40
Units: Stock Price Index, Average of Month. Not Seasonally Adjusted.
Solid Line = Actual Values. Dashed Line = Predicted Values.
Forecast Values for CAC 40
How This Forecast is Produced
The forecast of the indicator above is produced using Multichannel Singular Spectrum Analysis, or MSSA.
The forecast is made by using MSSA to decompose the time series into a trend component and many cyclical components. The decomposed components of the time series are then projected forward in time.
The French CAC 40 Stock Index
The CAC 40, or CAC, is a French based stock market index. The CAC is based on the stock price of the 40 most significant issues of the 100 companies with the highest market cap on the Euronext Paris.
If you are interested in more detail, please see this discussion of the CAC 40 stock index.