I am attempting to use an autorrelation significant value (>ci 95%) indicating periodicity of a signal and use it as predictive variable in a regression.

If e.g. significant autocorelation at frequency 3, does this mean that I can use the time series as predictor of itself by placing toguether the last signal toguether with a 3 period lag? Or as I have read autocorrelation does not indicate where in time the significant periodicity occurs just the how frequently it occurs. However if I have 3 periods lag, I have 3 choices (is this thinking correct)