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Comparison of Copper Scrap Predicted Price and Actual Price [August-02-21]

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by - 8/2/2021 725 Views

Examining the difference between the Actual Copper Scrap Price and Predicted Copper Scrap Price for August 2nd

Using Ordinary Least Square (OLS), Linear Regression, and Granger's Causality research methods, we have predicted the Copper Scrap prices for August 2nd on July 30th. Our RIM research team, with the help of our AI wing, we have been researching Copper Scrap prices for more than a year. The research models we used predicted the Copper Scrap prices with an accuracy of over 98%. Now let’s compare the difference between the Copper Scrap Actual Price and Predicted Price for August 2nd.

Results for Predicted Copper Scrap Price on August 2nd, 2021 [Predicted on July 30th, 2021]

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Graphical Representation of Actual Copper Scrap Price vs. Predicted

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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