Test for predictor?

AllanXT

Junior member
41 0
Does anyone know how to do a test to statistically determine the value of something as a predictor? For example, if I wanted to determine if the Fed Funds Rate is a predictor of future price moves of the S&P 500.

thank you,

Allan
 

The General

Active member
199 16
Data mining is your answer but be careful - someone examined a huge 'universe' of data and found the best predictor of likely SP500 movements was the auction value of mongolian lamb !!
 

AllanXT

Junior member
41 0
General

Thanks General. I will look into data mining and beware of the creatures of Mongolia!

XT
 

The General

Active member
199 16
Al,

Do a yahoo search for 'Wiz Why' and you should find the program of that name - the full version costs around US3k I think, but you can download and use the trial version (no time limit!) which is limited to analyzing 1000 records tho....
 

AllanXT

Junior member
41 0
WizWhy

General

I had never heard of Wizwhy, but I took your advice and checked it out. I did not even realise that such a program existed. What an incredible program. I can't thank you enough for your great suggestion. Thanks for stopping by and helping me out.

XT
 
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock