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FTSE 100 predictions for 2016
Comments
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People seem to be guessing. Why not appply some investment science? After much study I have been able to develop an equation that predicts the value of the FTSE100 index at the end of each year:
FTSE=5.1944444*x^6 - 356.3923*x^5 + 10078.5*x^4 - 150316.5*x^3 + 1246681.9*x^2 - 5449939*x+9813388.9
where x is the last two digits of the year.
Extensive back testing for the years 2008-2015 (30th Dec) shows that it is accurate to within 1 %. So I can confidently predict that the FTSE100 index at the end of 2016 will be 17026.
You've overlooked the fact that next year is a leap year.0 -
that formula also fails to take into account phase of the moon0
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I will go for 67800
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6000, +/-1000.I am one of the Dogs of the Index.0
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Am I the only one that thinks it might break 7,000 again?Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0
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chucknorris wrote: »Am I the only one that thinks it might break 7,000 again?
20% of the FTSE 100 is dependent upon commodity stocks. Guess it depends on your view of iron ore prices etc in the coming year and the financial prospects of the companies themselves.0 -
Thrugelmir wrote: »20% of the FTSE 100 is dependent upon commodity stocks. Guess it depends on your view of iron ore prices etc in the coming year and the financial prospects of the companies themselves.
So that leaves 80% dependent upon other things.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
mystic_trev wrote: »I can accurately predict between 4,000 and 8,000
Actually, you're wrong, it will be just above 8,001, probably near to 8,010.
Cheers fj0 -
6706. Just wait and see.0
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I'll guess 5850 - I don't think commodities are coming back up too soon, and the EU hasn't solved its messes yet.0
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