Current Forecast of DJ Utilities
Units: Stock Price Index, Average of Month. Not Seasonally Adjusted.
Solid Line = Actual Values. Dashed Line = Predicted Values.
Forecast Values for DJ Utilities
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 Dow Jones Utility Average
The Dow Jones Utility Average, or the DJ Utilities, is a U.S. based stock price index. The DJ Utilities is based on the stock prices of 15 well known utility companies. The index is compiled and maintained by S&P Dow Jones Indices. The stock list in this stock index includes such companies as ConEd, PG&E, CenterPoint Energy and American Electric Power (AEP).