Current Forecast of S&P MidCap 400

Units: Stock Price Index, Average of Month.  Not Seasonally Adjusted.

Solid Line = Actual Values.  Dashed Line = Predicted Values.

Forecast Values for S&P MidCap 400


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 MidCap 400 Stock Index

The Standard and Poor's MidCap 400, or the S&P MidCap 400, is a U.S. based stock market index.  The S&P MidCap 400 index is based on the stock prices of the 400 smaller cap stocks within the S&P 500.  The 400 stocks that make up the S&P MidCap 400 are picked by S&P Dow Jones Indices and are a subset of the stocks in the S&P 500.  The stock list includes such companies as Aeropostale, Dick's Sporting Goods, KB Homes, and New York Times.