The Value Line Dow Jones Stock Evaluation Model: Is It Useful?
Earnings and dividend growth provide positive impetus to the growth in the Dow Jones Index while interest rate yields, as typified by Moody’s AAA Bond Yield, inversely impact its growth. Keywords: Time Series Forecast Evaluation, Transfer Function Model, Box-Jenkins Model, Out-Of-Sample Forecasting Experiment, Dow-Jones Industrial Average. ................
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