Summary Time Series Forecasting Report

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Time Series Forecasting Report
Student’s Name
Institutional Affiliation
Course Number
June 15, 2021

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Time Series Forecasting Report

Part One: Short-term Forecasting

Simple Line Plot

Using the simple line plot from both time series of Apple and Honeywell, an analysis

of the plotted data indicated various seasons, irregularities and trends in the data. For

instance, the uniform spread of peaks and troughs for each trading day, culminating in a near

unform spread of peaks and troughs for each month, and finally deep and a dive from the year

2019 to the year 2020 is clear indication of the seasonality of the time series. For the

Honeywell stocks, there is a low seasonal decrease around period 86 to 96. The stocks in

Apple have a large season increase between periods 201 to 206.

Irregular patterns exist throughout the time series, with frequent fluctuations between

successive periods making it harder to determine if a concrete pattern can be visualized from

the data. These fluctuations are neither systematic nor predictable.

From the time series, the movement in the charts indicate an increasing trend of the stocks for

both Apple and Honeywell. There is an obvious upward trend in the data.