I’m doing a little experiment.
This won’t make sense to some folks. That’s fine.
- AMD will continuously drop slightly from 2024-02-20 to 2024-02-28 and will then start to rise. By 2024-03-20 the price will be roughly 12% higher than it was on 2024-02-20.
- AMR will rise 10.68% from its 2024-02-20 price by 2024-03-20.
- PANW will rise 9.43% from its 2024-02-20 price by 2024-03-20.
- UEC will rise 11.17% from its 2024-02-20 price by 2024-03-20.
- FSLR will rise 12.82% from its 2024-02-20 price by 2024-03-20.
Just testing an idea. I’ll update this on 2024-03-21 with outcomes. This round is with a groomed selection.
2024-02-20 Closings
- AMD: -4.7%
- AMR: -2.46%
- PANW: -0.09%
- UEC: -9.20%
- FSLR: -2.37%
4908/5000 (-1.84%)
Thoughts: Need to shift to multivariate approach incorporating multiple related securities in each forecast.