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Fig 1.

Historical price fluctuations.

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Fig 2.

Scatter plot analysis.

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Fig 3.

Standardized data inspection.

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Fig 4.

Linear relationship test.

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Table 1.

Phillips-Perron unit root test result.

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Table 2.

Johansen-Procedure test result.

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Table 3.

Regression result (p-value in parentheses).

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Table 4.

AIC test result.

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Table 5.

VIF test result.

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Fig 5.

Regression model fitting results.

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Fig 6.

Holt-Winters model fit test.

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Fig 7.

Holt-Winters model predictions.

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Fig 8.

Forecast trend of standardized price of FDY.

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Table 6.

Forecast value of standardized price of FDY.

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Fig 9.

Forecast price of 50D/24F FDY.

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Fig 10.

Comparison of the trends between actual and predicted values.

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Table 7.

Comparison between actual values and predicted values.

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