
Base Metals Price Forecasting From Alternate Data Sources Using AI
Implementation Time:
9 months
Solution Provider: AI Singapore
How can Four Elements Capital leverage machine learning techniques to improve the prediction of spot prices of base metals using market data (trading prices and volumes); macroeconomic data; supply and demand data; third party estimations and relevant social media information (alternative data)?
A machine learning framework consisting of three components:
- – Classification of price movement direction using an ensemble of multiple machine learning and deep learning models
- – Regression of price predictions using a deep learning model
- – Filter mechanism to align the outputs from the above
News and Analyst Report Indicators were also developed to extract intelligence from alternative data sources and calibrate the classification outputs
PDF Document
Video link
Solution Diagram
Implementation Time
9 months
Use Case Brochure