In physics, some phenomena, such as the movement of the stars or the movement of time, can be forecast with 100% certainty. The future of economic and financial variables, such as interest rates or stock prices, however, is uncertain. But we can forecast them with a certain probability. That is what this book does. We discuss 10 methods, from simple methods such as fundamental and technical analysis, to established statistical methods such as linear and non-linear regression function extrapolation. We also discuss the latest developments such as stochastic processes, extreme value theory, and forecasting with AI. So we hope the book is valuable to a wide audience.
