Numbers

[benjamen]

I designate this thread for my brain to dump numbers. If you like numbers, read on. If you don't, go to another thread.
:wave:

Note: Number set based on daily gold, silver, platinum, and palladium prices since 02 Jan 03

Average daily absolute price change:
Gold: 0.93%
Silver: 1.65%
Plat: 1.11%
Pall: 1.64%

Variance in daily absolute price changes:
Gold: 0.008%
Silver: 0.031%
Plat: 0.016%
Pall: 0.031%

Max daily absolute change in price:
Gold: 9.03%
Silver: 25.64%
Plat: 23.06%
Pall: 33.09%

Number of days the price increased minus the number of days the price dropped:
Gold: 147
Silver: 181
Plat: 159
Pall: -11

 

[benjamen]

Latest Daily Price divided by the 200 Day Moving Average (200DMA)
Gold: 0.960
Silver: 0.867
Platinum: 0.898
Palladium: 0.891

Absolute Variance between Latest Daily Price and the 200DMA of each ratio:
PL/G: 6.4%
PL/S: 3.2%
PL/PA: 0.7%
G/S: 10.1%
G/PA: 7.4%
PA/S: 2.3%

 

[benjamen]

Looking at percent changes broken down into days prices went up and days prices down:
Gold
Up: 0.94%
Down: 0.91%

Silver
Up: 1.62%
Down: 1.67%

Platinum
Up: 1.09%
Down: 1.14%

Palladium
Up: 1.72%
Down: 1.57%

 

[swissaustrian]

Palladium sticks out, also has lowest correlation to the DXY.

 

[benjamen]

Palladium sticks out, also has lowest correlation to the DXY.

Looking at correlations, here are the correlations between daily metal prices:
G:S 95.21%
GL 79.00%
GA 88.37%
SL 80.21%
SA 94.63%
PLA 82.95%

Correlation between daily percent changes in metal price:
G:S 75.00%
GL 56.80%
GA 46.65%
SL 57.55%
SA 52.73%
PLA 57.62%

Interesting, general prices are much higher correlated than daily price moves.

 

[rblong2us]

sadly numbers dont work for me

geometry kinda does and it leads into numbers

but i get off on visual / pictures

spatial awareness but no good with facts n figures

come here my pretty (-;

 

[benjamen]

Multiple Linear Regression Equations:

Gold = 149.33 + 49.57*Silver + 0.12*Plat - 0.58*Pall
with an R Square of 0.914
This would imply today's Gold price should be $1,932.04

Silver = -3.356 + 0.0119*Gold -0.001*Plat + 0.0263*Pall
with an R Square of 0.958
This would imply today's Silver price should be $32.39

Platinum = 523.77 + 0.358*Gold + 1.601*Pall - 11.738*Silver
with an R Square of 0.703
This would imply today's Platinum price should be $1,784.61

Palladium = 40.35 - 0.102*gold + 19.323*Silver + 0.099*Plat
with an R Square of 0.916
This would imply today's Pallidumprice should be $658.48

Interestingly, palladium and silver seem to be close to predicted values. Gold and Platinum are showing to be undervalued, but the R Square for Plat is not as strong.
:wave: