1.To estimate or predict in advance, especially to predict (weather conditions) by analysis of meteorological data. See Synonyms atpredict. 2.To serve as an advance indication of; foreshadow:price increases that forecast inflation. n. A prediction, as of coming events or conditions:The weather ...
Things that are random will never be forecast accurately, no matter how much data we collect or how consistently. For example: we can observe data every week for every lottery winner, but we can never forecast who will win next. Ultimately, it is up to your data and yourtime series data...
These volumes are used in calculation of the revenue levels assumed in Ports North’sFY2021Forecast Statementof Comprehensive Income.• Consult key customers about likely trade volumes. More Definitions ofForecast Statement Forecast Statementmeans the long-term and annual energy balances for electricity ...
Define the following terms and then explain the role they might play in a financial forecast. (a) Economies of scale (b) Lumpy assets (c) Excess capacity In the context of Finance, define the following term: Capital asset pricing...
The meaning of TRADE is the business of buying and selling or bartering commodities : commerce. How to use trade in a sentence. Synonym Discussion of Trade.
1.The management of money, banking, investments, and credit. 2.financesMonetary resources:could not make the purchase because of limited finances. 3.The supplying of funds or capital. tr.v.fi·nanced,fi·nanc·ing,fi·nanc·es 1.To provide or raise the funds or capital for:financed a ne...
type public ForecastType type() Get the type property: The type of the forecast. Returns: the type value.validate public void validate() Validates the instance.withDataset public ForecastDefinition withDataset(ForecastDataset dataset) Set the dataset property: Has definition for data in this ...
Business forecasting is a method to predict the future of business. It combines information from past circumstances with present economy to predict future conditions. Read more to know the need and how to do business forecasting
Qualitative models have typically been successful with short-term predictions, where the scope of the forecast was limited. Qualitative forecasts can be thought of as expert-driven, in that they depend onmarket mavensor the market as a whole to weigh in with an informed consensus. Qualitative mod...
Since politics is highly partisan, many rational people regard economic forecasts produced by governments with healthy doses of skepticism. A prime example is the long-term GDP growth forecast assumption in theU.S. Tax Cuts and Jobs Act of 2017that projected a much smallerfiscal deficit—with dr...