PRECIOUS METALS PRICE FORECAST

ARIMA time series forecast

Enrique Pérez Herrero
Mining Engineer

Precious Metals Price ARIMA Forecast

Description:

  • Precious Metals Price ARIMA Forecast App downloads the last five years prices from Oanda and forecast prices for the next year using auto.arima function from forecast R package.

Metals Plot

App Side Bar Panel

Select Metal Input

  • Select one of the known as precious metals:
Metal Ticker
Gold XAU
Silver XAG
Palladium XPD
Platinum XPT

Select Currency Input

  • One between US Dollars, British Pound, or Euro can be selected.

App Tab Panels

- Prices Plot

Shows a price plot for the selected metal and currency, and a control to change adjusted statistics: linear or loess

- Prices Table

Shows the price table data for the selected metal and several currencies

- Forecast Plot

Shows the ARIMA forecast for the next 365 days as a blue line, 80% confidence interval is displayed in orange, while 90% is in yellow.

- Forecast Table

Displays forecasted data table

- Arima model

Shows adjusted model using auto.arima from the forecast package

- Differences Plot

Plots first differences for the selected metal price or the differences of the data base 10 logarithm

- Residuals Plot

Plots the ACF and the PACF

Links