You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Bank Failures: Fun With Curve Fitting [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Economy Donate to DU
GliderGuider Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-31-10 11:11 PM
Original message
Bank Failures: Fun With Curve Fitting
Advertisements [?]
Edited on Sun Jan-31-10 11:15 PM by GliderGuider
The common wisdom is that the number of US bank failures is going to take a dramatic rise this year. I enjoy messing with Excel, and I wondered if the raw numbers show a mathematical trend (without factoring in any economic fundamentals) that is worth extrapolating out a few months.

To see, I took the data from the FDIC Failed Bank List, sorted it into monthly counts, and graphed the result for the last two years. I found a trend line that fits pretty well (the correlation of 0.86 is fairly good), and extrapolated the curve out six months. From a purely mathematical perspective the trend is very worrying. It will be interesting to revisit this as the year unfolds.

Printer Friendly | Permalink |  | Top
 

Home » Discuss » Topic Forums » Economy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC