Current Forecast of S&P 500
Units: Stock Price Index, Average of Month. Not Seasonally Adjusted.
Solid Line = Actual Values. Dashed Line = Predicted Values.
Forecast Values for S&P 500
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 S&P 500 Stock Index
The Standard and Poor's 500, or the S&P 500 or S&P, is a U.S. based stock market index. The S&P is based on the stock prices of 500 large cap stocks traded on the NYSE or NASDAQ. The 500 stocks that make up the S&P are picked by S&P Dow Jones Indices, and include such companies as Facebook, Apple, Amazon.com and Coca-Cola.