Difference between revisions of "Market Vs Spot"

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=== Where ===
 
=== Where ===
  
==== Main Menu / Execution / Term Market Change ====
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==== Main Menu / Execution / Market Vs. Spot ====
[[File:Execution-TermMarketChange-Menu.jpg|alt=|left|thumb|Menu Location]]
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[[File:Execution-MarketVsSPot-Menu.jpg|alt=|left|thumb|Menu Location]]
  
  
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= What =
 
= What =
Term Market Change is sourced by data from the Trade Rank reports.  This table displays a variety of information regarding how term markets are trending across the past week, and offers insight into what direction the term trades may be heading.
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Market vs. Spot is a table that offers a historical context to current markets vs historical spot clears.  The current year's settles are displayed in contrast to years going back to 2011.
[[File:Execution-TermMarketChange-Menu.jpg|thumb|Menu Location]]
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== Market Vs. Spot Fields ==
  
== Term Market Change Fields ==
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* '''Hub''' – 2 letter code; just the four traded hubs
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* '''HT''' – HL or LL
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* '''Agg''' – M, Q, or Y
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* '''Perid''' – used for filtering; to filter Q3, filter out “Q” on AGG and 3 on PerID
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* '''Period''' – the TradeRank period name
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* '''Metric''' – PP = Power Price; HR = Heat Rate
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* '''FC''' – Forecast (from TradeRank)
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* '''Market''' – From TradeRank
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* '''AD''' – Average Delta computed by comparing Market to prior year spot settles. AD = AVG(All Year % Deltas)
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* '''PYD''' – Prior Year Delta – the % delta as compared to the prior year settle
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* '''Y2021 to y2011''' – the average settles for those years
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* '''AOD''' – As of Date – the market price date
  
# '''Date''' – the most recent term market “as of” date; typically yesterday, unless a weekend or holiday
 
# '''Dtype''' – Derivative type (H=hourtype; O=outright; S=locational spread; R = Roll)
 
# '''Agg''' – M = Month; Q = Quarter; Y = Year
 
# '''Metric''' – HR = Heat Rate; PP = Power Price
 
# '''Rank''' – sorted on APC (Absolute Value of Percentage Change) for Dtype & Agg; compares all hubs, all periods against each other for those two types
 
# '''Hub''' – MC, PV, SP, or NP
 
# '''HT''' – HL, LL, or OO (On Off)
 
# '''Percode''' – the period
 
# '''APC''' – Absolute Value of Percentage Change for Today vs Yesterday
 
# '''PC1''' – % Change from “Yesterday”: (CUR – D2) / D2
 
# '''PC2''' – % Change from “Two Days Ago”: (CUR – D3) / D3
 
# '''PC7''' – % Change from “Seven Days Ago”: (CUR – D7) / D7
 
# '''Chg1''' – $ change from Yesterday: CUR – D2
 
# '''Chg2''' – $ change from Two Days Ago: CUR – D3
 
# '''Chg7''' – $ change from YSeven Days Ago: CUR – D7
 
# '''CUR''' – most recent market price
 
# '''D2''' – 2nd most recent market price
 
# '''D3-Dy''' – other historical market prices
 
# '''Pid''' – Product ID, used internally
 
# '''Product''' – Product code, used internally
 
  
  

Revision as of 10:47, 13 May 2021

Where

Main Menu / Execution / Market Vs. Spot

Menu Location




What

Market vs. Spot is a table that offers a historical context to current markets vs historical spot clears. The current year's settles are displayed in contrast to years going back to 2011.

Market Vs. Spot Fields

  • Hub – 2 letter code; just the four traded hubs
  • HT – HL or LL
  • Agg – M, Q, or Y
  • Perid – used for filtering; to filter Q3, filter out “Q” on AGG and 3 on PerID
  • Period – the TradeRank period name
  • Metric – PP = Power Price; HR = Heat Rate
  • FC – Forecast (from TradeRank)
  • Market – From TradeRank
  • AD – Average Delta computed by comparing Market to prior year spot settles. AD = AVG(All Year % Deltas)
  • PYD – Prior Year Delta – the % delta as compared to the prior year settle
  • Y2021 to y2011 – the average settles for those years
  • AOD – As of Date – the market price date



Related Reports

  • Forecasts
    • 25 Year
    • 5 Minute
    • Scenarios - 1 Year
  • TradeRank
    • Outrights
    • Spreads
    • Rolls
    • OnOff
    • Expired Periods
    • TradeRank Alerts
  • Term Market Change
  • Market vs Spot
  • Heat Rate & Basis
  • Stack Charts
    • Stack Detail