A Strength of the Moving Averages Method of Forecasting Is

question 83

True/False

A strength of the moving averages method of forecasting is that it provides more weight to recent data points.

---

Definitions:

Moving Average

A statistic used in technical analysis showing the average value of a security's price over a set period.

Stock Prices

The current market value of a company’s shares, fluctuating based on supply and demand, news, and investors' perceptions.

Volatile

Describing an asset or market with frequent, significant price changes over a short period.

Kondratieff

A theory proposing that Western capitalist economies have long-term (50 to 60 years) cycles of boom and bust, named after Russian economist Nikolai Kondratiev.