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 E2 Fundament Predictor Module - Computerize Your Brain

E2 Fundament Predictor Module is designed to support both market analysis and prediction needs of an active participant in the Nordic forward power market.

Market price behavior of the forward market of power is defined by both a set of external factors influencing the supply and demand of power, as well as the internal, market based, pressures. This tool aims at enabling modeling of the effect of both external and internal market drivers in context where they can be described in a numerical format. Luckily, in the case of the Nordic power market, this does fit quite nicely. Number of important external market drivers, such as weather forecasts, prices of fuels etc. can be described in numerical format.

Fundament Predictor in a nutshell

  • Automatically finds correct regression weights for any set of fundamental (or combination with technical) market drivers.
  • The model gives an estimate of future price, with 60% confidence levels, based on fundament data.
  • It can suggest market drivers itself.
  • The predictor adjusts to market changes also during the day.
  • Its decisions are transparent, reasons behind can be verified.
  • It is not a black box solution. Making own models is the core idea.


Pic - Responsive Regression modeling enables easy analysis of market drivers