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| MRCI's ScenarioSM Study |
|---|
| ScenarioSM Study for December Lean Hogs(CME) as of Sep 30, 2006 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Condition 1:
Higher Monthly Close. Action ---> Buy that month's close with objective of exceeding month's high within 2 months. | |||||||||||
| Tested Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
| Tested Years | 34 | 35 | 36 | 36 | 36 | 36 | 36 | 36 | 37 | 37 | 37 |
| Closed Higher | 23 | 12 | 24 | 21 | 18 | 15 | 20 | 14 | 24 | 10 | 26 |
| Exceeded High | 17 | 9 | 21 | 15 | 15 | 11 | 15 | 12 | 22 | 8 | 14 |
| Scenario Percentage | 74% | 75% | 88% | 71% | 83% | 73% | 75% | 86% | 92% | 80% | 54% |
| Avg Max Increase | 8.31% | 11.17% | 7.48% | 7.59% | 11.46% | 12.90% | 9.29% | 9.52% | 8.22% | 10.61% | 4.50% |
| Max Increase | 29.22% | 24.55% | 19.08% | 25.45% | 46.98% | 33.60% | 33.21% | 19.37% | 16.97% | 15.99% | 9.68% |
| Avg Days To Max Increase | 22 | 21 | 18 | 17 | 17 | 18 | 19 | 14 | 17 | 16 | 8 |
| Avg Max Decline | -2.67% | -1.43% | -1.59% | -1.85% | -2.60% | -1.80% | -4.14% | -2.74% | -2.55% | -1.80% | -0.77% |
| Max Decline | -6.89% | -6.79% | -8.67% | -7.43% | -8.24% | -6.28% | -6.72% | -8.87% | -10.12% | -4.42% | -2.09% |
| Avg Days to Max Decline | 17 | 4 | 8 | 8 | 14 | 7 | 15 | 10 | 7 | 6 | 1 |
| 2006 Contract Condition | Yes | Yes | Yes | Yes | Yes | ||||||
| Action | Yes | Yes | Yes | Yes | Yes | ||||||
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