Commodities
Driven by automated no-code forecasting, detect market trend shifts in advance with improved forecast accuracy.
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Time taken to
identify most
relevant indicators
Relevant
leading
indicators
MAPE
forecast
accuracy
When there is a significant increase in searches related to scrap copper prices, it suggests a higher level of interest in tracking and understanding the market value of copper.
Monitoring the "Copper Comex Stocks Total" allows market participants and analysts to assess the balance between supply and demand and make informed predictions about future price trends.
Similar to the Comex stocks, the amount of copper stored in LME warehouses, such as those in Hamburg, reflects the available supply of the metal in the market.
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Indicio advances our digital strategy of becoming a data-driven organization, producing
accurate forecasts in a fraction of time.
Indicio tells us how our market
will evolve 'without emotions' which aligns everyone from management to production.
Instrumental in helping us achieve higher efficiency in a
short period of time.
Going from using the same 5 indicators, to testing a large set of indicators, they received immediate feedback on which indicators to use or consider for each forecast.
This also gave them the ability to track market trend shifts at a higher frequency and improve their forecasts.
We cover the key leading indicators for a scope of industries ranging from industry to commodities.
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We are an automated forecasting software that bridges the latest statistical models from academia with the specific leading indicators in an organization's market environment. Helping your organization achieve the highest forecast accuracy.
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