I don't want to jump the gun here, it's up to Neven, but can we start the polls on the minimum soon? I know we have limited sources of data this year unfortunately. I will throw in my totally uneducated and intuitive vote but I really want to know what all you knowledgeable people are predicting. Thoughts? Is it too soon?
At this point, I'd say the best we can do is probabilities, not absolute predictions. There is too much which can change, it's too stochastic.
But to humor your intent, let me post this.
Baseline averages 2003-2015 2007-20152003-2015 Average Loss 7804249 8243351
5/8 2016 Extent 11782166 11782166
2003-2015 Loss STDEV 862377 580786
+2 5702671 4700387
+1 4840294 4119601
Average 3977917 3538815
-1 3115540 2958029
-2 2253163 2377243
So, if we use 2007+ as our baseline, we've got pretty close to a 50% chance of passing 2012. I'd say that's the best we can predict at this point.
Either baseline, we have close to a 66% chance of beating 2007/2011/2015. I'd say that's the best prediction we can make at this point.