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Comparison of Copper Scrap Actual Price and Predicted Price [JULY-30-21]

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by - 7/30/2021 883 Views

Analyzing the difference between the Predicted Copper Scrap Price and Actual Copper Scrap Price for July 30th

Using Granger's Causality, Ordinary Least Square (OLS), and Linear Regression research methods, we have predicted the prices of Copper Scraps for July 30th on July 29th. Our RIM research team, with the help of our AI wing, we have been researching Copper Scrap prices for more than a year. We have predicted the Copper Scrap prices with an accuracy of over 98%. Now let’s compare the difference between the predicted Copper Scrap price and the Actual Copper Scrap price.

Results for Predicted Copper Scrap Price on July 30th, 2021 [Predicted on July 29th, 2021]

Graphical Representation of Actual Copper Scrap Price vs. Predicted

The Linear Regression and Ordinary Least Square (OLS) model predicts the Copper Scrap prices with an accuracy of over 98%. Our RIM research team continues the research on Copper Scrap prices, and we will update it here. Subscribe for RIM Scrap Price Access and Current Copper Scrap prices.

For a complete list of Copper Scrap ISRI Codes, please click here or visit our ISRI Codes Section.

Please visit our Copper Scrap Price section to know about detailed Scrap Copper prices of US, Chinese and Japan.

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Category : General

Tags : Copper, Copper Scrap, Copper Scrap Price, Copper Scrap Price Predictions


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About Jenisha Rajakumar

I'M a Research Analyst and Content Creator at RIM. Currently I'm researching on Copper Prices around the Globe and the impacts on Copper Scrap Prices with regard to COMEX, LME, SHFE and MCX. .... more info

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