Dow Jones is one of the largest business and financial news company in the world .Its Industrial Average or simply Dow is a stock market index. Its Index is designed to show the performance of the stock market and it specifically focuses on 30 large companies in the US.So it would be very helpful to forecast the dow jones index as this helps the investor know the overall scenario of the market and this helps to decide if they should invest in the market or not.
We have taken into consideration the adjusted closing price to forecast the values as it uses the closing price as a starting point, but it takes into account factors such as dividends, stock splits and new stock offerings to determine a value.
The dataset is from yahoo finance .Its a monthly data of adjusted close from january 2000 to december 2018.
Used R to do the forecasting and used shiny app to show the visualizations.