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Forecast · Accuracy

Forecast Scorecard

How well does the POE 7-day outlook predict CPO price direction and magnitude? Scored automatically each day when actual prices become available.

This scorecard measures the 7-day outlook only. Where a figure below says 30d, that means it was scored over the last 30 days of history — not that it forecasts 30 days ahead. The 30-day range published on the price pages is a separate model with its own measure (how often the range contained the price), and nothing on this page describes it or predicts how it will perform.

Accuracy data is accumulating — the scorecard populates once the forecast has been running for a few days and actual prices are available to compare against.

Accuracy is measured by comparing each forecast point against the actual Malaysia CPO close (the official MPOB daily series in its native MYR/tonne). Direction hit = did the forecast correctly predict whether the price would move up or down from the anchor? MAE = mean absolute error in RM/tonne. USD, EUR, GBP and IDR views are fixed-rate translations and are not scored as separate forecasts. Past accuracy does not guarantee future performance. This is an experimental model, not investment advice.

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