UBS asks:
What will be the closing value of the Shanghai Stock Exchange Composite Index on 16 August 2024?
Closed Aug 16, 2024 07:01AM UTC
In February 2024, China replaced the head of its regulatory body in charge of stock exchanges as hopes of government stimulus hastened a rebound from multiyear lows (AP, US News & World Report, Yahoo [Bloomberg]). The question will be suspended on 15 August 2024 and the outcome determined using data reported by Google Finance (Google Finance, set chart to "6M"). On 13 May 2024, the closing value of the Shanghai Composite Index was 3,148.02.
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The question closed "At least 2,700, but less than 2,900" with a closing date of 16 August 2024.
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| Possible Answer | Correct? | Final Crowd Forecast |
|---|---|---|
| Less than 2,700 | 1% | |
| At least 2,700, but less than 2,900 | 86% | |
| At least 2,900, but less than 3,100 | 13% | |
| At least 3,100, but less than 3,300 | 0% | |
| At least 3,300, but less than 3,500 | 0% | |
| At least 3,500, but less than 3,700 | 0% | |
| At least 3,700, but less than 3,900 | 0% | |
| 3,900 or more | 0% |
Crowd Forecast Profile
| Participation Level | |
|---|---|
| Number of Forecasters | 33 |
| Average for questions older than 6 months: 187 | |
| Number of Forecasts | 196 |
| Average for questions older than 6 months: 542 | |
| Accuracy | |
|---|---|
| Participants in this question vs. all forecasters | average |
