Table 1

Descriptive Data
Jollibee Foods Corporation closing price
Date Period Closing
Dec 05, 2019 1 ₱ 205.00
Dec 06, 2019 2 ₱ 202.00
Dec 09, 2019 3 ₱ 206.60
Dec 10, 2019 4 ₱ 201.00
Dec 11, 2019 5 ₱ 207.60
Dec 12, 2019 6 ₱ 216.00
Dec 13, 2019 7 ₱ 221.20
Dec 16, 2019 8 ₱ 223.60
Dec 17, 2019 9 ₱ 225.00
Dec 18, 2019 10 ₱ 225.00
Dec 19, 2019 11 ₱ 216.00
Dec 20, 2019 12 ₱ 213.00
Dec 23, 2019 13 ₱ 220.00
Dec 26, 2019 14 ₱ 216.20
Dec 27, 2019 15 ₱ 216.00

Table 1 shows the closing prices of one of the blue chip in Philippine Stock

Market which is the Jollibee Foods Corporation or JFC for the last 15 trading

days of the year 2019.

The price movement of the JFC ranges from P201-P225 in the last 15 days.

According to the Manila Bulletin (16, December 2019), Before the year end,

Jollibee Foods Corporation aims to open 9 more stores. That is why the stock

price of it from that day is higher compare the days before the news was released.
 Table 2.1
Descriptive Data
Jollibee Foods Corporation Regression statistics

Regression Statistics
Multiple R 0.635872688
R Square 0.404334075
Adjusted R Square 0.358513619
Standard Error 6.522191198
Observations 15

Table 2.1 shows the regression statistics of Jollibee Foods Corporation

(JFC). There are total of 15 observations and the standard error for the data,

which reflects the average error for regression model is 6.52.

The Multiple R is the absolute value of the correlation coefficient, wherein

it shows whether shows whether the relationship of the data is weak or strong,

based on the table the Multiple R is 0.635872688 or simply 0.64, which means

that the relationship between period, which is the x, and the closing price of the

Jollibee Foods Corporation stock has strong positive relationship.

The coefficient of determination or R-squared that tells us how many fall

on the regression line, the r-square of JFC is 0.404334075 or 0.40 it means that

40% of the values fit the model. The adjusted R-Squared from the table has a

value of 0.358513619 or 0.36, as related to R-squared, conveys that the variation

of the price for the last 15 trading days for the year 2019 falls between 35.85%

to 40.43%
 Table 2.2
Descriptive Data
Jollibee Foods Corporation ANOVA

ANOVA
df SS MS F Significance F
Regression 1 375.3772857 375.3772857 8.824313681 0.010834849
Residual 13 553.0067143 42.53897802
Total 14 928.384

Table 2.2 shows the ANOVA of Jollibee Foods Corporation. This part is

rarely used compared to regression output. The table above splits the sum of

squares into individual. In the table the SS or sum of squares have total of

928.384.

The Regression Mean Squared is 375.377 which is also equal to Regression

Sum of Squares. On the other hand, the Residual Mean Squared error is 42.539,

it is the quotient of Residual Sum of Squares over the Regression degrees of

freedom.

The F is the ratio computed by dividing mean regression sum of squares

by mean error of sum of squares, based on the table it is 8.82. Significance F is

the probability that the null hypothesis cannot be rejected, in which based on

the table is 0.01 that is significantly associated with P-Value on the next table
 Table 2.3
Descriptive Data
Jollibee Foods Corporation Regression coefficients

Standard Lower Upper

Coefficients t Stat P-value
Error 95% 95%
Intercept 205.02 3.54 57.85 0.00 197.36 212.67
X Variable 1 1.16 0.39 2.97 0.01 0.32 2.00

Table 2.3 shows the Regression coefficient for Jollibee Foods Corporation.

Regression Coefficients represents the change in the variable for one unit of

change in predictor variable while other are constant. The table above shows that

there is 1.16 coefficient in x-variable, it indicates that for every period you added

you can expect 1.16 change in closing price of JFC.

The least squares estimate standard error of the data is 3.54 for the

intercept and .39 for x-variable. Lower 95% or lower boundary for the confidence

interval is 197.36 and upper 95% or upper boundary for confidence interval is

212.67

T-stat for the intercept which is 57.85 indicates that the prices for each

period is relatively large and the intervention variable was effective. It has low p-

value which is 0.01 for x-variable 1 which indicates that you can reject the null

hypothesis while 0 p-value at the intercept which means that it has no effect.
 Table 2.4
Descriptive Data
Jollibee Foods Corporation Residual Output

RESIDUAL OUTPUT
Observation Predicted Y Residuals
1 206.175 -1.175
2 207.3328571 -5.332857143
3 208.4907143 -1.890714286
4 209.6485714 -8.648571429
5 210.8064286 -3.206428571
6 211.9642857 4.035714286
7 213.1221429 8.077857143
8 214.28 9.32
9 215.4378571 9.562142857
10 216.5957143 8.404285714
11 217.7535714 -1.753571429
12 218.9114286 -5.911428571
13 220.0692857 -0.069285714
14 221.2271429 -5.027142857
15 222.385 -6.385

Table 2.4 is the Residual output of Jollibee Foods Corporation.

Residuals shows us how far away the actual price of the JFC from the predicted

data points (Predicted Y as shown in the table). Thus, it represents the portion

of the validation data not explained by the model.

According to observation 1, the predicted Y is P206.175, compare to the

actual price of Jollibee Foods Corporation on that period which is P205, there is

a difference of -1.75, that difference is called the Residuals.

 Table 3
Descriptive Data
Jollibee Foods Corporation Linear Equation
y= 1.16x+205.02

Table 3 shows the Linear Equation of the Jollibee Foods Corporation based

on the last 15 trading days of the year 2019.

Using this equation, we are going to predict Y, which is the dependent

variable because it will just depend on our independent variable which is X. X

can be also called as explanatory variable, in a way that it explains the cause of

change in our dependent variable Y.

The Slope or b in the equation is P205.02, it is the fixed unit change for

the equation. The intercept or a in the equation is 1.16 it is where the regression

line will intercept the y-axis.

The value of a and b form the heart of the regression model, it is found on

the Table 2.3. while X and Y are variables will take on the next periods at different

point in time. The value of a and b is substituted to the equation to get the

relationship between X and Y.

 Table 4
Descriptive Data
Jollibee Foods Corporation Forecasted Price

Forecasted
Period
Closing
16 ₱ 223.58
17 ₱ 224.74
18 ₱ 225.90
19 ₱ 227.06
20 ₱ 228.22
21 ₱ 229.38
22 ₱ 230.54
23 ₱ 231.70
24 ₱ 232.86
25 ₱ 234.02
26 ₱ 235.18
27 ₱ 236.34
28 ₱ 237.50
29 ₱ 238.66
30 ₱ 239.82

Table 4 shows us the Forecasted Price of the stock Jollibee Food

Corporation of JFC. Using the linear equation on the Table 3, we predicted the

closing price of Jollibee Food Corporation for the next 15-day period.

Based on the table on the 16th period, the price will be P223.58, in which

it is solved when 16, the period, is substituted as x in the linear equation

P223.58=1.16(16)+P205.02.