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Table 10 Three-years time-charter 75.000 dwt.

From: Panamax markets behaviour: explaining volatility and expectations

R-squared

0.990944

Adjusted R-squared

0.990935

Static Forecast (Hire rate on 3/1/2020)

$10.775/day

Static Forecast (Hire rate on 3/7/2020)

$10.526/day

Actual hire rate on 3/1/2020

$10.500/day

Actual hire rate on 3/7/2020

$10.750/day