Econocasts

Friday, December 2, 2011

2011.12.02 Weekly Short Term DJIA $ Gold $ Silver















































Index / Actual / Predicted / Z-score
DJIA / 12019.42 / 11118.52 / -1.54
Gold / 1751.00 / 1544.00 / -5.36
Silver / 3315.00 / 2900.43 / -3.60


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5 comments:

  1. Thanks for the work. Is the model still under consideration for reworking?

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  2. The models are all converging immediately as I add new data, so I am not going to change anything unless they fail to converge, for the moment. We are coming up to a period where the predicted price for the DJIA assumes a more negative slope beginning in January of 2012. If the actual prices and predicted prices do not come into line at the end of that month, I may have to retire the model.

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  3. Hi.. Can you tell me what the yellow indicators are and what parameters are used to get the data for it? Thanks

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  4. The Z-score is calculated as follows:

    2(Predicted - Actual)(Actual + Predicted)^-1 and a standardized score is computed from the above.

    ReplyDelete
  5. I like how its working out with the turns in charts.

    Thanks again

    Mike

    ReplyDelete