Discuss the below:
Q: Apex Mutual fund invests primarily in technology stocks. The price of the fund at the end of each month for the 12 months of 2000 are:
| May |
$ 18.43 |
$ 17.89 |
0.54 |
0.2916 |
3.018% |
3.0184% |
| June |
$ 19.98 |
$ 18.43 |
1.55 |
2.4025 |
8.410% |
8.4102% |
| July |
$ 19.51 |
$ 19.98 |
0.47 |
0.2209 |
-2.352% |
2.3524% |
| August |
$ 20.63 |
$ 19.51 |
1.12 |
1.2544 |
5.741% |
5.7406% |
| September |
$ 19.78 |
$ 20.63 |
0.85 |
0.7225 |
-4.120% |
4.1202% |
| October |
$ 21.25 |
$ 19.78 |
1.47 |
2.1609 |
7.432% |
7.4317% |
| November |
$ 21.18 |
$ 21.25 |
0.07 |
0.0049 |
-0.329% |
0.3294% |
| December |
$ 22.14 |
$ 21.18 |
0.96 |
0.9216 |
4.533% |
4.5326% |
| Jan-01 |
|
$ 22.14 |
|
|
|
|
|
|
Total |
8.92 |
8.99 |
16.455% |
45.918% |
Note : MAD =sum of ABSOLUTE of (Actual - forecast) / total no of periods 0.743333333
MSE = Sum of MAD*MAD / total no of periods
0.749166667
MPE = (Actual - Forecast)/ Forecast
MAPE = ABS ( MPE)