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#16) PROSH DJ-UBS CRUDE(SCO) Forecast Chart for Jan 15, 2018*
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January 12, 2018 (RicochetTrader.com)

Forecast chart for PROSH DJ-UBS CRUDE ( SCO ) for the next 15 trading days, starting on January 15, 2018

On January 12, 2018 PROSH DJ-UBS CRUDE had a closing price of $21.45 with 1,670,554 shares traded. The trading liquidity was $35.83M. The forecast predicted average opening price for trading date January 15, 2018 is $21.49.

Summary Information for PROSH DJ-UBS CRUDE ( SCO ).

Summary of the 10th percentile net composite return.
The best expected daily return of 0.9934% occurs on day 3 where there is a 10% chance that SCO will rise to $23.41 (+8.94%) and there is a 10% chance it will fall to $20.22 (-5.93%). There is a 20% that SCO will cross one of these price levels in 3 days, and adding the returns of +8.94% and -5.93% yields a net composite return of 3.01%. A net return of 3.01% in 3 days is an EDR of 0.9934% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 0.5584% occurs on day 2 where there is a 20% chance that SCO will rise to $22.54 (+4.90%) and there is a 20% chance it will fall to $20.68 (-3.78%). There is a 40% that SCO will cross one of these price levels in 2 days, and adding the returns of +4.90% and -3.78% yields a net composite return of 1.12%. A net return of 1.12% in 2 days is an EDR of 0.5584% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of 0.5144% occurs on day 8 where there is a 30% chance that SCO will rise to $23.14 (+7.70%) and there is a 30% chance it will fall to $20.74 (-3.51%). There is a 60% that SCO will cross one of these price levels in 8 days, and adding the returns of +7.70% and -3.51% yields a net composite return of 4.19%. A net return of 4.19% in 8 days is an EDR of 0.5144% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.5439% occurs on day 7 where there is a 40% chance that SCO will rise to $22.61 (+5.20%) and there is a 40% chance it will fall to $21.20 (-1.33%). There is a 80% that SCO will cross one of these price levels in 7 days, and adding the returns of +5.20% and -1.33% yields a net composite return of 3.87%. A net return of 3.87% in 7 days is an EDR of 0.5439% per day.

* The forecast for PROSH DJ-UBS CRUDE (SCO) was made using market data after the close on January 12, 2018 but is generated for the next trading day, or January 15, 2018


NOTICE: We are currently working on a new site to better serve our users.
Unfortunately this will take some time and we will need to stop the forecast until the new site is completed.
Sorry for any inconveniences.