Current Forecast of DAX
Units: Stock Price Index, Average of Month. Not Seasonally Adjusted.
Solid Line = Actual Values. Dashed Line = Predicted Values.
Forecast Values for DAX
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 German DAX Stock Index
The DAX is a German based stock market index. The DAX is based on the stock price of 30 blue chip German companies traded on the Frankfurt Stock Exchange. The 30 stocks that make up the DAX include such well known companies as Adidas, BMW, Merck and Siemens.
If you are interested in more detail, please see this discussion of the DAX stock index.