Last Update:
Tuesday, April 16, 2024
Opening Value:
20.85
Highest Value:
21.14
Lowest Value:
20.59
Adj. Closing Value:
21.04
- The forecast plot shows the forecasted Cleveland-Cliffs Inc stock prices for the next 12 months.
- The plot also shows the 80% prediction interval in dark purple and the 95% prediction interval in light purple.
- The numeric values for these forecasted values and prediction intervals are shown in the next tab.
The table below shows the forecast values and 80% and 95% prediction intervals for the 12 requested forecasts for the Cleveland-Cliffs Inc stock.
| Point Forecast | Lo 80 | Hi 80 | Lo 95 | Hi 95 | |
|---|---|---|---|---|---|
| May 2024 | 23.22518 | 17.1339101 | 29.31646 | 13.9093847 | 32.54098 |
| Jun 2024 | 23.21458 | 13.7050039 | 32.72415 | 8.6709405 | 37.75821 |
| Jul 2024 | 23.11598 | 10.8419780 | 35.38998 | 4.3445134 | 41.88745 |
| Aug 2024 | 23.35417 | 9.1010650 | 37.60728 | 1.5559244 | 45.15243 |
| Sep 2024 | 23.45809 | 7.4977666 | 39.41841 | -0.9511165 | 47.86729 |
| Oct 2024 | 23.36450 | 5.6658355 | 41.06317 | -3.7032724 | 50.43228 |
| Nov 2024 | 23.50432 | 4.3153727 | 42.69327 | -5.8426438 | 52.85129 |
| Dec 2024 | 23.66467 | 3.1798320 | 44.14951 | -7.6641875 | 54.99353 |
| Jan 2025 | 23.61817 | 1.7979877 | 45.43835 | -9.7529181 | 56.98925 |
| Feb 2025 | 23.68202 | 0.6068754 | 46.75717 | -11.6083701 | 58.97242 |
| Mar 2025 | 23.85000 | -0.3296679 | 48.02967 | -13.1296116 | 60.82961 |
| Apr 2025 | 23.86200 | -1.4265258 | 49.15054 | -14.8134652 | 62.53747 |
- These three residual plots allow the analyst to examine the distribution of the residuals of the modeled time series.
This dashboard was created using Quarto in RStudio, and the R Language and Environment.
The dataset used to create this dashboard was downloaded from Yahoo Finance.
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