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GasPredictor.com's Track Record for June, 2010Our published national forecasts for the month of June, 2010. Success rate for the month: 100%. More Track Records Results for June, 2010
* Note: Five times in June, 2010, prices moved in the opposite direction of what we predicted, but on each occasion, there was mixed pressure among the 12 cities in our national forecasting model. Under those conditions, we calculate both a general direction and an acceptable range of average price for the next day. This is because, although the numerical average pressure among the 12 cities points one way, the actual change in average price might be in the opposite direction. In each of these cases, this is exactly what happened. We predicted generally downward or upward pressure, but enough individual cities had pressure in the opposite direction and, as it turned out, actual movement in that direction, so that the average price moved in the opposite direction of the average pressure. Since, on each occasion, the average price remained within our predicted range, we call this a successful prediction. In such cases, we publish the predicted average price range ahead of time, and we state ahead of time that we will consider the prediction successful if the final situation works out this way. We're not trying to cheat! This is the change in our prediction algorithm that we introduced after March 26, 2010 when each of our local predictions was correct, but the average price moved opposite the direction indicated by average pressure. Key
More Track Records Our prediction algorithm is designed to predict the change in retail price of regular unleaded gas at the second cheapest gas stations. Each day, based on that prediction, we recommend whether to buy gas today, or whether you would come out ahead by waiting until tomorrow. We check our prediction against the most recent available prices at the second cheapest gas stations in our test areas. If you would have saved money, or not lost money, by following our recommendation, we call that a successful prediction. |
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Disclaimer: This Web site, and all of its predictions and prediction devices, are for educational and entertainment purposes only. We will not be responsible for incorrect predictions, or for any damage or losses you may incur as a result of using these predictions. While we believe that our prediction algorithm works, you must accept responsibility for your choice to use this information.