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Table 6 Transatlantic R/V 72.000 dwt.

From: Panamax markets behaviour: explaining volatility and expectations

R-squared

0.977332

Adjusted R-squared

0.977289

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

$ 9.458/day

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

$12.042/day

Actual hire rate on 3/1/2020

$9.000/day

Actual hire rate on 3/7/2020

$13.000/day