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MRCI's Scenario Study

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MRCI's ScenarioSM Study
ScenarioSM Study for December Palladium(NYMEX) as of Sep 29, 2023
Condition 1: Higher Monthly Close.
Action ---> Buy that month's close with objective of exceeding month's high within 2 months.
Tested Month Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Tested Years   39 39 39 41 43 43 44 45 45 45 45
Closed Higher   28 23 24 22 17 16 27 18 26 24 23
Exceeded High   25 15 19 14 12 15 23 16 23 18 18
Scenario Percentage   89% 65% 79% 64% 71% 94% 85% 89% 88% 75% 78%
Avg Max Increase   17.14% 13.54% 10.07% 12.06% 9.89% 13.54% 11.76% 12.79% 12.98% 15.21% 11.27%
Max Increase   53.95% 31.10% 25.15% 34.77% 22.74% 32.52% 33.42% 41.40% 35.19% 44.44% 22.29%
Avg Days To Max Increase   17 18 18 17 17 17 14 14 15 11 12
Avg Max Decline   -1.83% -1.93% -1.31% -3.67% -4.76% -1.28% -3.22% -1.93% -3.14% -2.22% -0.50%
Max Decline   -8.33% -11.25% -5.29% -11.27% -14.96% -10.16% -9.56% -4.49% -15.38% -13.14% -3.52%
Avg Days to Max Decline   9 7 4 12 11 7 9 5 9 5 2
2023 Contract Condition       Yes Yes     Yes   Yes    
Action       Yes No     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 Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Tested Years   39 39 39 41 43 43 44 45 45 45 45
Closed Lower   11 16 14 19 26 27 17 26 19 21 22
Penetrated Low   7 9 10 17 17 20 15 19 14 12 15
Scenario Percentage   64% 56% 71% 89% 65% 74% 88% 73% 74% 57% 68%
Avg Max Decline   4.99% 7.75% 9.92% 10.86% 11.51% 9.61% 15.44% 13.93% 13.24% 12.55% 7.94%
Max Decline   9.42% 15.89% 18.68% 33.11% 26.56% 22.89% 48.95% 46.20% 22.18% 26.53% 20.57%
Avg Days To Max Decline   14 15 12 16 16 15 19 17 16 12 11
Avg Max Increase   -4.21% -2.44% -4.34% -1.55% -2.06% -2.51% -1.92% -3.26% -4.69% -5.43% -1.87%
Max Increase   -12.92% -7.05% -15.44% -10.14% -8.54% -11.32% -12.37% -13.52% -16.67% -19.42% -8.68%
Avg Days to Max Increase   13 9 12 8 8 6 7 10 11 8 3
2023 Contract Condition   Yes Yes     Yes Yes   Yes      
Action   Yes Yes     Yes Yes   Yes      
High 1980.10 1842.60 1709.00 1545.60 1668.50 1637.50 1452.00 1330.00 1350.00 1301.50    
Low 1700.80 1651.10 1412.20 1363.50 1435.80 1371.50 1222.00 1230.50 1206.50 1180.50    
Close/Last 1830.80 1702.00 1454.90 1493.80 1541.20 1371.90 1234.90 1286.50 1218.70 1256.00    

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