Paraguay Steel Production
Paraguay · Monthly series · EC-PY-SP
Latest, December 2020
3,000.0 pts
+50.0% from November 2020
Forecast
Forecast for December 2021: 2,909.1 pts, with an 80% interval of 1,829.3 pts to 4,233.4 pts.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| January 2021 | 2,089.7 pts | -524.8 pts | 4,818.0 pts |
| February 2021 | 1,649.2 pts | 38.1 pts | 3,815.0 pts |
| March 2021 | 1,519.0 pts | -1,169.4 pts | 5,611.7 pts |
| April 2021 | 1,600.0 pts | -70.3 pts | 4,009.1 pts |
| May 2021 | 1,612.7 pts | -435.1 pts | 4,669.6 pts |
| June 2021 | 1,680.4 pts | 654.3 pts | 3,258.4 pts |
| July 2021 | 1,928.5 pts | 776.1 pts | 3,590.8 pts |
| August 2021 | 2,321.2 pts | 1,164.3 pts | 3,855.6 pts |
| September 2021 | 2,516.8 pts | 1,677.1 pts | 3,622.1 pts |
| October 2021 | 2,775.2 pts | 2,071.1 pts | 3,670.8 pts |
| November 2021 | 2,949.4 pts | 2,267.1 pts | 3,781.2 pts |
| December 2021 | 2,909.1 pts | 1,829.3 pts | 4,233.4 pts |
AI confidence
Mixed evidenceThe tests show no consistent, material advantage over the no-change baseline.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- +8%Matches the no-change baseline over 12 tests (12 tests, 8 won)
- Direction
- 79%Beats a coin flip (92 of 116 calls right in 12 tests)
- Turning points
- 21 of 41Anticipated most turns (41 turns in 12 tests, 0 without a turn)
- Error vs baseline
- 8% lowerError ratio 0.92; 1.00 is a tie.
- Tests won
- 8 / 12Complete rolling backtests; ties count as no win.
- Test period
- 2009-01-01 to 2020-12-0112 observations ahead per test.
- 80% band coverage
- 81%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-15 against the cached history through 2020-12-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
It is above 42% of the 119 earlier readings since January 2011.
Recent history (24 observations)
| Period | Value |
|---|---|
| December 2020 | 3,000.0 pts |
| November 2020 | 2,000.0 pts |
| October 2020 | 2,000.0 pts |
| September 2020 | 2,000.0 pts |
| August 2020 | 1,000.0 pts |
| July 2020 | 1,000.0 pts |
| June 2020 | 1,000.0 pts |
| May 2020 | 2,000.0 pts |
| April 2020 | 2,000.0 pts |
| March 2020 | 2,000.0 pts |
| February 2020 | 2,000.0 pts |
| January 2020 | 2,250.0 pts |
| December 2019 | 3,137.0 pts |
| November 2019 | 3,569.0 pts |
| October 2019 | 3,245.0 pts |
| September 2019 | 2,812.0 pts |
| August 2019 | 3,245.0 pts |
| July 2019 | 2,163.0 pts |
| June 2019 | 1,622.0 pts |
| May 2019 | 1,298.0 pts |
| April 2019 | 1,298.0 pts |
| March 2019 | 649.0 pts |
| February 2019 | 1,082.0 pts |
| January 2019 | 2,163.0 pts |
Source
Data: public market data feeds.
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Also stored for Paraguay
- Paraguay Balance Of Trade
- Paraguay CPI Housing Utilities
- Paraguay CPI Transportation
- Paraguay Capital Flows
- Paraguay Changes In Inventories
- Paraguay Consumer Price Index
- Paraguay Consumer Spending
- Paraguay Core Consumer Prices
- Paraguay Core Inflation Rate YoY
- Paraguay Corporate Tax Rate
- Paraguay Corruption Index
- Paraguay Corruption Rank