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home / news releases / CUT - Lumber Futures As Predictors

CUT - Lumber Futures As Predictors

Invesco MSCI Global Timber
  • Contango” is the condition wherein the futures price is above the expected future spot price.
  • Futures are so biased a predictor that it would be better to use a random walk.
  • While it is tempting to conclude that futures are good predictors of future spot rates, this is not always an appropriate thing to do.

For further details see:

Lumber Futures As Predictors
Stock Information
Company Name: Invesco MSCI Global Timber
Stock Symbol: CUT
Market: NYSE
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