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Argus/Coalindo ICI
Indonesia Coal Price Index (ICI) – Specification
ICI Formulation Mechanism & Methodology
Key Features of Argus/Coalindo Indonesian Coal Index
ICI Subscriber Performance
ICI Panelist Performance Evaluation
PT Coalindo Energy Shareholders
ICI Subscriber
ICI Panelist
CoalindoNews
Indonesian Coal Index (ICI) Panelist Performance Evaluation
3. Coefficient Correlation (r):
the indicator of how far/close
Coalindo Assessment in the
following market or otherwise
if r > 0.5, the coefficient
correlation is good.
if r < 0.5, the coefficient
correlation is bad
a.
b.
1.Grubb Test (G)
the indicator of how to find ICI
outliers numbers.
a.
b.
if G > bottom line, that find ICI
outliers numbers
if G < bottom line, there is
no ICI outlier numbers
2.Mean Percentage Average
Deviation (MAPD):
the indicator of how big the
percentage deviation between
Coalindo assessment compared
with Argus assessment
if MAPD < 5%, the deviation
is good
if MAPD between 5% - 12%,
the deviation is moderate
if MAPD > 12%,
the deviation is poor
a.
b.
c.
ICI PANELIST PERFORMANCE
EVALUATION
Based on Statistic Analysis, we have
3 (three) tools that will act as the
indicators
Be a part solution for coal player of Indonesian Coal
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