Forecasting Of JPMorgan Beta Builder ETF Stock Prices January 2020-February 2020 Using Arima Model

Pelangi Cinta Kirana, Edwin Setiawan Nugraha

Abstract


Stock market volatility makes investors worried about potential losses. Accurate stock predictions can guide investors in developing strategies to reduce the risk of loss. In this study, the ARIMA model will be utilized to forecast the stock price of JP Morgan Canada Building for 5 weeks, from January 13, 2020, to February 10, 2020. Historical stock price data for BBCA, from April 1, 2019, to January 6, 2020, was collected from the Yahoo Finance website. The results show that ARIMA (1,1,0) is the best model with a MAPE value of 1.121%.


Keywords


Forecasting; ARIMA; time series

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