Table: Descriptive Statistics Of Numerical Variable
Date: Sep 2009 – Sep 19th 2024
Corn
Corn is a key agricultural commodity, influencing food supply chains worldwide. It offers opportunities for investors interested in global food production and trade dynamics. Example: Corn futures surged in 2024 after the U.S. experienced severe droughts that threatened crop yields.
Predictive Variables Terms
- High: The highest price reached by a futures contract during a specific trading session.
- Low: The lowest price reached by a futures contract during a specific trading session.
- Open: The price at which the futures contract starts trading for the day.
- Close: The price at which the futures contract ends trading on a particular day.
- Volume: Volume represents the total number of contracts traded during the session.
- Ratio: (High−Open)(Open−Low) represents a ratio that compares how far the opening price is from the day’s low to how far the day’s high is from the opening price. This ratio provides important insights into intraday price action in the futures market
- HLPercent (High-Low Percent): Is ( High-Low)/Open
- GapAmt (Gap Amount): The difference between today’s open price and yesterday’s close price.
- GapDays: Gaps between the trading days diff (current date – last trading date)
- Relative Volume (7-day and 2-day): The volume of trades over a specific time period relative to the average volume over the last 7 or 2 days.
- HighOpen (High – Open): This is the difference between the high price of the trading session and the opening price.
- OpenLow ( Open – Low): This is the difference between the opening price of the trading session and the Low price.
- HighLow−Open: Represents the percentage range of price movement relative to the opening price in a trading session. This is a measure of volatility and intraday price action in the futures market
- CloseOpen (Close – Open): This is the difference between the closing price and the opening price.
- CloseLow (Close – Low): The difference between the closing price and the lowest price of the session.