-Excel should:
- Choose a publicly-traded security for which you can find a series of historical values and make a conjecture about related data (at least two data series) that might be used as predictors for this series of values
- Find online data sources to get current data for both the predictors and the values of the security (up to 12/31/19 or more recent, if possible)
- Download this data and copy it into Excel-- Create graphs of the data
- Use Excel to conduct a regression of the values of the security against the predictors and verify the validity of underlying assumptions
– Check for homoscedasticity and serial correlation
– If necessary, rerun the regression using robust standard errors
– Look for evidence of multicollinearity and eliminate redundant predictors if necessary