Forecasting commodity Exchange-Traded Funds (ETF) prices

This App downloads the last five years of prices for a selected group of commodity Exchange-Traded Funds (ETF) prices and forecasts the prices for the next year using the auto.arima function from the forecast R package.

Any user who has no knowledge of R programming can easily download the ETF data, plot them and compute 1-year ahead forecats.

Links:

App url: https://deanfantazzini.shinyapps.io/Forecasting_commodity_ETF/

GitHub url: https://github.com/deanfantazzini/ForecastingcommodityETF

Prices Plot: it shows a price plot for the selected commodity ETF price, together with a smoothing method: either a linear fit or loess fit

Prices Table: it shows the price table data for the selected commodity ETF price.

Price forecast plot: it shows the ARIMA forecast for the next 365 days as a blue line, 80% confidence interval is displayed in orange, while 90% is in yellow.

Price forecast table: it displays the forecasted prices in a table format.

Autocorrelations residuals: it plots the Auto-Correlation Function (ACF) and the Partial ACF (PACF) for the ARIMA model residuals.

Best ARIMA model: it shows the estimated model using the auto.arima function from the forecast package.

First differences plot: It plots the first differences for the selected commodity ETF price and the first differences for the logarithm base 10.