Start Validating a model

Validating a model

The copper trajectory (red) shows a rapid decorrelation velocity beginning April 10.

I tested his thesis by constructing a 2-year regression model of the U. 10-year Treasury yield given daily Comex copper and gold prices. Figure 1 compares the model output to the 10-year Treasury yield.

At last week’s close, the GCR was at an elevated 497 pounds per ounce and the 10-year Treasury yield plumbed a low 2.230%.

The error standard deviation between the model and actual yield is less than 15 basis points (bps).

What this means is that you are telling the formset how many additional forms to show in addition to the number of forms it generates from the initial data.