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
2026-06-14 4.977106 5.683142 6.446496 7.332249 8.330838 9.420868 10.699941
2026-06-21 3.957756 4.917270 6.036975 7.436458 9.134975 11.125618 13.631352
2026-06-28 3.374814 4.427179 5.716768 7.406528 9.554872 12.187038 15.647712
2026-07-05 2.904968 3.999576 5.400317 7.313696 9.847335 13.073872 17.478918
2026-07-12 2.579802 3.704257 5.198192 7.313346 10.213502 14.030467 19.410927
2026-07-19 2.324242 3.467717 5.039658 7.338694 10.591575 15.001183 21.397252
2026-07-26 2.093435 3.236848 4.859296 7.304510 10.865730 15.825905 23.210878
2026-08-02 1.887861 3.018986 4.672571 7.235849 11.071200 16.549534 24.905823
2026-08-09 1.737893 2.867899 4.566328 7.268742 11.414425 17.475026 26.927157
2026-08-16 1.636070 2.780212 4.544876 7.421491 11.937366 18.681799 29.417380
2026-08-23 1.479212 2.589059 4.345860 7.280007 11.993548 19.184656 30.865695
2026-08-30 1.307178 2.356509 4.061061 6.977410 11.770450 19.238111 31.612925
2026-09-06 1.245836 2.307298 4.072686 7.159987 12.339859 20.564740 34.441542
2026-09-13 1.179575 2.243510 4.054581 7.290630 12.830997 21.792763 37.179943
2026-09-20 1.090892 2.131080 3.943434 7.252162 13.032321 22.555714 39.193700
2026-09-27 1.003005 2.011843 3.810372 7.163988 13.139451 23.163396 40.975019
2026-10-04 0.936724 1.926799 3.730809 7.162742 13.393057 24.023431 43.216147
2026-10-11 0.880085 1.854984 3.669202 7.187890 13.691474 24.970243 45.646716
2026-10-18 0.820477 1.771870 3.579852 7.154272 13.879273 25.730862 47.786333
2026-10-25 0.761828 1.685318 3.477053 7.086962 13.998531 26.372547 49.741835
2026-11-01 0.719950 1.629389 3.428762 7.119213 14.302047 27.353303 52.343638
2026-11-08 0.694308 1.605269 3.440972 7.269025 14.834514 28.771189 55.800100
2026-11-15 0.639797 1.514304 3.312248 7.130263 14.802763 29.149324 57.361912