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MRCI's Scenario Study

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MRCI's ScenarioSM Study
ScenarioSM Study for March Palladium(NYMEX) as of Jun 08, 2020
Condition 1: Higher Monthly Close.
Action ---> Buy that month's close with objective of exceeding month's high within 2 months.
Tested Month Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Tested Years   30 31 32 38 39 40 41 42 43 43 44
Closed Higher   16 11 13 23 16 26 22 23 26 34 25
Exceeded High   9 9 12 20 14 23 17 21 23 28 12
Scenario Percentage   56% 82% 92% 87% 88% 88% 77% 91% 88% 82% 48%
Avg Max Increase   10.73% 7.74% 12.09% 10.49% 13.61% 13.96% 13.16% 20.33% 25.09% 17.63% 8.02%
Max Increase   34.24% 18.37% 27.79% 32.84% 43.03% 35.66% 32.67% 86.19% 85.89% 72.27% 26.13%
Avg Days To Max Increase   18 13 20 15 16 17 16 20 18 16 16
Avg Max Decline   -4.72% -2.62% -0.79% -3.19% -0.94% -2.53% -2.60% -4.15% -2.33% -2.65% -3.11%
Max Decline   -10.81% -11.93% -6.65% -9.29% -4.50% -15.11% -13.35% -15.60% -7.88% -9.85% -8.11%
Avg Days to Max Decline   13 5 10 10 7 9 6 10 6 6 4
2020 Contract Condition   Yes   Yes   Yes Yes Yes Yes Yes Yes Yes
Action   Yes   Yes   Yes Yes Yes Yes Yes Yes Not Yet
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Condition 2: Lower Monthly Close.
Action ---> Sell that month's close with objective of penetrating month's low within 2 months.
Tested Month Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Tested Years   30 31 32 38 39 40 41 42 43 43 44
Closed Lower   13 19 19 15 23 14 19 19 17 9 19
Penetrated Low   11 11 16 14 17 11 12 12 8 4 5
Scenario Percentage   85% 58% 84% 93% 74% 79% 63% 63% 47% 44% 26%
Avg Max Decline   10.47% 9.14% 8.42% 12.32% 11.55% 12.65% 13.65% 12.24% 9.52% 4.22% 8.64%
Max Decline   23.01% 21.59% 22.58% 48.57% 45.76% 22.13% 27.97% 44.17% 29.35% 6.94% 18.46%
Avg Days To Max Decline   16 16 13 17 16 16 17 15 21 5 9
Avg Max Increase   -2.06% -1.87% -1.59% -0.69% -2.25% -3.16% -5.08% -1.77% -5.25% -2.44% -0.20%
Max Increase   -10.08% -8.34% -11.53% -11.96% -12.56% -7.26% -18.35% -5.76% -14.46% -4.79% -3.04%
Avg Days to Max Increase   11 8 5 9 9 8 11 4 12 4 1
2020 Contract Condition     Yes   Yes              
Action     No   Yes              
High 1525.00 1428.50 1353.40 1528.30 1580.70 1538.00 1660.00 1793.00 1818.00 1974.60 2427.00 2815.50
Low 1276.10 1300.40 1268.40 1305.20 1495.00 1389.50 1519.30 1609.60 1642.00 1785.30 1907.80 2171.30
Close/Last 1308.30 1362.90 1322.20 1527.90 1520.50 1536.70 1640.30 1749.90 1810.10 1909.30 2224.70 2508.80

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