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ebase22

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ebase22

Re: DaveinHackensack post# 6406

Friday, 08/12/2011 8:46:26 AM

Friday, August 12, 2011 8:46:26 AM

Post# of 7895
I know iron ore isnt traded on an excahnge, but are you aware of any kind of iron ore price index out there?

I did a simple regression analysis on AYSI's quarterly sales with the price of oil (as a proxy for commodities prices) lagged one quarter, and though there is a lot of noise, it actually is statistically signifigant in predicting revenues. The simple model predicts about $6.9 million in sales for the quarter.

I'd like to try this with a more accurate proxy though.
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