Legacy Fund: deposits are reported here. The data is posted monthly; the most recent deposit was reported for January, 2018. Just for the fun of it, I'm trying out an algorithm to predict the next deposit. Having just run the algorithm, here are my estimates for the February, 2018, Legacy Fund deposit:It looks like my simpler formula was the better predictor. Legacy Fund deposits for February, 2018: $50,310,643.40.
- high end: $49,392,838
- low end: $41,245,734
- average (most likely): $47,121,013.55
Price of Bakken Legacy Fund Deposit Projected Legacy Fund Deposit Projected Legacy Fund Deposit Projected Price WTI Projection February 2018 $54.75 Average High end Low $65.50 as of February 16 $47,121,013.55 $49,392,838 $41,245,734
Another, much simpler formula, suggests the February deposit will be closer to $51,407,066.
Last month I was off by 5% (on the low side). In January, 2018, the deposit was $46,242,885.80.
And look at the curve, wow:
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