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

DateForecast
Apr-1812401.56
May-1812450
Jun-1812180
Jul-1812550
Aug-1812240
Sep-1811970
Oct-1811370

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.