Table 2 Baltimore–ARA coal.
From: Panamax markets behaviour: explaining volatility and expectations
R-squared | 0.980414 |
Adjusted R-squared | 0.980378 |
Static Forecast (Freight rate on 03/01/2020) | $11.94/tn |
Static Forecast (Freight rate on 01/05/2020) | $7.04/tn |
Static Forecast (Freight rate on 08/05/2020) | $7.28/tn |
Static Forecast (Freight rate on 15/05/2020) | $4.90/tn |
Static Forecast (Freight rate on 22/05/2020) | $4.81/tn |
Static Forecast (Freight rate on 29/05/2020) | $4.68/tn |
Static Forecast (Freight rate on 26/06/2020) | $10.40/tn |
Static Forecast (Freight rate on 03/07/2020) | $11.15/tn |
Actual freight rate on 03/01/2020 | $11.85/tn |
Actual freight rate on 01/05/2020 | $7.20/tn |
Actual freight rate on 08/05/2020 | $4.85/tn |
Actual freight rate on 15/05/2020 | $4.85/tn |
Actual freight rate on 22/05/2020 | $4.70/tn |
Actual freight rate on 29/05/2020 | $5.70/tn |
Actual freight rate on 26/06/2020 | $11.20/tn |
Actual freight rate on 03/07/2020 | $9.80/tn |