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

DateForecast
Oct-175386.95
Nov-175358
Dec-175316
Jan-185450
Feb-185469
Mar-185492
Apr-185625

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.