7In physics, some phenomena, such as the movement of the stars or the movement of time, can be forecast with 100% certainty. The future of economic and financial variables, such as interest rates or stock prices, however, is uncertain. But we can forecast them with a certain probability. That is what this book does.
We discuss 10 methods, from simple methods such as fundamental and technical analysis, to established statistical methods such as linear and non-linear regression function extrapolation. We also discuss the latest developments such as stochastic processes, extreme value theory, and forecasting with AI. So we hope the book is valuable to a wide audience.
This book comes with 14 Excel spreadsheets and 10 Videos. We also display 7 Python codes, which can be run online at repl.it.