Proxy for Baltic Dry Index — shipping rates for iron ore, grain, and coal. Leading indicator for global industrial demand and commodity flows.
Shipping rates are set daily in a spot market. They reflect physical trade flows 4–6 weeks before official trade data is published.
| Factor family | Growth |
| Relative weight | Experimental |
| Update cadence | Daily |
| Modeled lead | ~6 weeks (a modeling assumption, not a validated finding) |
| Data source | YFINANCE |
The lead time above is a design assumption, not an out-of-sample-validated relationship for a specific security or index. This is one Growth input among 47; it measures macro context, not a full investment thesis.
CAT · DE · FCX · VALE · BHP · CLF · NUE · XLI
| Date | Score | Status |
|---|---|---|
| 2026-09-06 | 85/100 | ▲ Bullish |
| 2026-09-05 | 85/100 | ▲ Bullish |
| 2026-09-04 | 82/100 | ▲ Bullish |
| 2026-09-03 | 90/100 | ▲ Bullish |
| 2026-09-02 | 83/100 | ▲ Bullish |
| 2026-09-01 | 81/100 | ▲ Bullish |
| 2026-08-31 | 84/100 | ▲ Bullish |
Unstructured Alpha weighs Breakwave Dry Bulk Shipping ETF (BDRY) alongside 46 other macro signals to build a Confluence Score for each stock. See how this signal is currently shaping the macro backdrop for the tickers you follow.
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Scores are derived from macro signals (FRED, EIA, SEC filings, FINRA short interest)
and updated as new data arrives. This is not financial advice. Past signal accuracy
does not guarantee future results.
unstructuredalpha.com · Not financial advice