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Re: [EquisMetaStock Group] Forecasting or Prediction formula



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Jay,
 
I don't think your statement is exactly right.  I don't think future values are generated.  What + ref.  do is to look into future data with reference to a point in time and does computation with hindsight for that point in time.
 
Anthony ChiaJayTownsend@xxxxxxx wrote:



In a message dated 11/3/2003 4:42:27 AM Pacific Standard Time, bruce_whitby@xxxxxxxxxxx writes:
In essence,i want the function to calculate,(predict), a future y value given an existing x value and arrays of previous x and y values. The approach is to fit a linear regression line to the historical x and y data and then use this line to predict a future y value given an x value. 
The MS "Reference" function works not only prior values, but giving it it a "+" number will generate future values.
 
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