Model Development and the interactive model in Excel.
The models are developed in the computer language R and then prepared as an Excel Workbook for customer use.
Base Case Scenario
MPA provides a base case scenario of forecasts for LME stock, Global Industrial Production (IP) and the EURUSD over the period up to end 2023 and the model calculates the metal prices over this period from this.
The models are interactive so users can enter their own values for these drivers and see the modelled effect on the metal price.
Scenario Analysis
The factor models developed are very helpful in forecasting different scenarios.
For example different views on the EURUSD, Global Industrial Production (IP) and LME stock levels can be entered and the effect on the modelled price can be seen.
metalpriceanalytics.com 