Forecasting Commodities' Prices

 

Our Service of Forecasting Commodities' Prices aims at delivering accurate forecasts of the price of commodities months in advance. This is relevant for both firms and players in the financial market:

 

  • Firms that buy commodities benefit from our forecasts to better manage their timing of purchase, leading to savings. For these firms, our suggested strategy is to buy their commodities in the moment the price is expected to be lower: If the price is expected to increase, our suggested strategy is to buy now; If, on the contrary, the price is expected to fall, our suggested strategy is to wait and buy in a moment closer to the moment of production. We try to answer questions like: What is the expected price in the following months? Is it best to buy now or to wait?

 

  • Players in the financial market benefit from our forecasts to improve their trading returns, both with long and short positions. Naturally, our suggested strategy is to keep a long position if the price is expected to increase, and a short position if the price is expected to fall. We try to answer questions like: What is the expected price in the following months? Given the time horizon of investment, is it best to keep a long or a short position?

 

Our forecasts are created by a cutting-edge Machine Learning and Econometric-based Algorithm, developed by our team at Watson & Noble. Every month, our Algorithm is updated with the most recent data and forecasts the prices of commodities. These forecasts are then made available to our clients, helping them make better decisions.

 

In case you are interested in our Forecasting Service, please contact us.