$Gold & $Silver Multivariate Analysis, Weekly
Covariance and correlation analysis with PCA & CCA.
PCA: Gold covaries strongly with M3 and TIP. Silver and Palladium are in the same group. Platinum covaries with Copper and EXY. FYFSD covaries with USDJPY and spread in bonds. (1/3)
$Gold & $Silver Multivariate Analysis, WeeklyCovariance and correlation analysis with PCA & CCA. PCA: Gold covaries strongly with M3 and TIP. Silver and Palladium are in the same group. Platinum covaries with Copper and EXY. FYFSD covaries with USDJPY and spread in bonds. (1/3)
$Gold & $Silver Multivariate Analysis, WeeklyCovariance and correlation analysis with PCA & CCA. PCA: Gold covaries strongly with M3 and TIP. Silver and Palladium are in the same group. Platinum covaries with Copper and EXY. FYFSD covaries with USDJPY and spread in bonds. (1/3)
CCA: TIP and M3 have the strongest positive correlation with metals. Spread in US and German bunds, USDJPY and FYFSD have the highest negative correlation.
It is clear that the DXY does not have the strongest negative correlation with Gold for this period but with Copper. (2/3)
The accuracy between Predictor and Predictand Canonical Vectors 1-2 is very high. (3/3)
The accuracy between Predictor and Predictand Canonical Vectors 1-2 is very high. (3/3)
The accuracy between Predictor and Predictand Canonical Vectors 1-2 is very high. (3/3)
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