|
ScenarioSM Study for February Live Cattle(CME) as of May 17, 2024 | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Condition 1:
Higher Monthly Close. Action ---> Buy that month's close with objective of exceeding month's high within 2 months. | ||||||||||||
Tested Month | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan |
Tested Years | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | 45 | |
Closed Higher | 22 | 21 | 22 | 28 | 32 | 20 | 26 | 29 | 26 | 27 | 25 | |
Exceeded High | 20 | 16 | 20 | 27 | 24 | 18 | 23 | 20 | 22 | 24 | 19 | |
Scenario Percentage | 91% | 76% | 91% | 96% | 75% | 90% | 88% | 69% | 85% | 89% | 76% | |
Avg Max Increase | 3.97% | 4.18% | 4.66% | 3.92% | 3.28% | 4.08% | 4.94% | 4.67% | 5.09% | 5.60% | 4.44% | |
Max Increase | 13.33% | 10.97% | 9.77% | 8.69% | 7.21% | 14.39% | 14.78% | 13.80% | 14.42% | 15.29% | 8.26% | |
Avg Days To Max Increase | 15 | 18 | 22 | 20 | 19 | 16 | 19 | 19 | 17 | 18 | 17 | |
Avg Max Decline | -1.03% | -1.38% | -1.50% | -1.14% | -1.73% | -1.30% | -1.34% | -1.43% | -2.22% | -1.96% | -0.60% | |
Max Decline | -2.60% | -4.56% | -3.65% | -3.93% | -5.54% | -3.25% | -4.38% | -3.74% | -7.79% | -7.68% | -2.31% | |
Avg Days to Max Decline | 9 | 12 | 11 | 9 | 14 | 11 | 11 | 9 | 8 | 14 | 2 | |
2024 Contract Condition | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | ||||
Action | Yes | Yes | Yes | Yes | Yes | Yes | No | Yes |
Copyright © 1989- Moore Research Center, Inc. All Rights Reserved. |
---|
Copyright © 2024 Moore Research Center, Inc. All Rights Reserved. | ||
www.mrci.com | sales@mrci.com | |
Phone: 541-525-0521 |