Description

This analysis provides a forecast of ETC prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2026-04-05 5.350717 6.145218 7.005434 8.004505 9.131373 10.361450 11.804257
2026-04-12 4.092134 5.140000 6.366850 7.903281 9.769428 11.955673 14.703543
2026-04-19 3.474475 4.623533 6.037914 7.895651 10.258828 13.150745 16.942211
2026-04-26 3.018440 4.229559 5.788204 7.923285 10.751230 14.345126 19.230976
2026-05-03 2.637946 3.869199 5.517085 7.858800 11.070940 15.287897 21.201275
2026-05-10 2.326850 3.560173 5.271450 7.786208 11.347073 16.160815 23.101267
2026-05-17 2.105701 3.348838 5.131374 7.831653 11.766119 17.226147 25.295546
2026-05-24 1.959953 3.229597 5.105643 8.027101 12.395197 18.601405 27.978713
2026-05-31 1.751327 2.990748 4.878127 7.899262 12.533604 19.272900 29.679450
2026-06-07 1.522776 2.695664 4.536496 7.565154 12.330623 19.421422 30.607237
2026-06-14 1.440023 2.628620 4.542640 7.765720 12.946776 20.805596 33.426109
2026-06-21 1.353535 2.545937 4.514697 7.905438 13.469682 22.067098 36.111590
2026-06-28 1.234873 2.398345 4.371162 7.850933 13.686998 22.881147 38.171510
2026-07-05 1.120352 2.246687 4.207818 7.749724 13.818952 23.564445 40.057939
2026-07-12 1.033976 2.137137 4.106448 7.742814 14.100042 24.490465 42.362950
2026-07-19 0.961321 2.045890 4.029099 7.769765 14.435684 25.515838 44.870096
2026-07-26 0.882988 1.935515 3.907284 7.706482 14.607367 26.272140 46.960898
2026-08-02 0.811275 1.830863 3.786889 7.635149 14.756558 26.991751 49.015137
2026-08-09 0.760680 1.764067 3.732150 7.679799 15.112044 28.074395 51.725569
2026-08-16 0.731317 1.738787 3.755263 7.871802 15.743931 29.660921 55.366473
2026-08-23 0.669295 1.637067 3.618999 7.746215 15.778548 30.196340 57.193762
2026-08-30 0.592486 1.494582 3.388512 7.418004 15.409649 29.990140 57.694451
2026-09-06 0.573077 1.479911 3.419979 7.615027 16.054025 31.640021 61.580582