Current Forecast of TSX Composite

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

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



Forecast Values for TSX Composite

DateForecast
Oct-1715824.17
Nov-1715942
Dec-1716065
Jan-1815871
Feb-1815872
Mar-1816064
Apr-1815961

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/TSX Composite Index

The S&P/TSX Composite Index is a Canadian based stock market index.  The TSX Composite is based on the stock prices of the largest companies by market cap traded on the Toronto Stock Exchange.  The TSX Composite is compiled and maintained by S&P Dow Jones Indices.