12 October 2012
|27 day coefficient||Strength of indicator||200 day coefficient||Strength of indicator|
|Cal-13 German power||0.429||53.17%||0.768||23.85%|
|Cal-13 API#2 (in €)||-0.0328||6.33%||-0.203||9.81%|
|Cal-13 nat gas||-0.166||11.63%||-0.546||9.56%|
|German 10-yr Bund||-0.719||2.81%||-2.07||2.03%|
Once again the 27 day model was slightly less accurate this week as supply concerns (relating the impending release of 120 million phase 3 permits before the end of the year) continue to outweigh fundamental drivers. Expect this to continue over the next week. Cal-13 German power showed the highest strength of indicator both the 27 day and 200 day models. After this came the Stoxx 50 on the 27 day model and Cal-13 API#2 coal on the 200 day model. Broader macro-economic signals from equities increased on the 27 day model but decreased on the 200 day model, whereas German Bund Yields decreased on both models.