forecast

(redirected from forecastable)
Also found in: Dictionary, Thesaurus, Encyclopedia.

forecast

(for′kast″)
To make an informed prediction about a future event based on history, data, and personal experiences and professional judgments.
References in periodicals archive ?
Caption: Chart 6 Percentage of Forecastable Variations for Inflation Expectations
In essence, the tests are equivalent to the Euler-equation based tests of the discount rate models; hence, the hypothesis is that markets are forecastable due to the current discount rate models leaving a residual.
In contrast, series with a cyclical component would seem to be forecastable with predicted decreases (perhaps relative to a trend) during the upper part of the cycle and increases during the lower part.
The jury is still out on whether extreme behaviour is forecastable in a useful way at all, even if it can be modelled in the abstract.
The contending camps, the social sciences on the one hand and the humanities on the other, differ on the predictability of human nature: One focuses upon forecastable behavior while the other underscores the mercurial quality of spirit.
Also be careful to distinguish forecastable growth from existing products and agree services from the "theoretical" growth that may result from a new offering that has yet to be proven.
The hump-shaped impulse responses of output to negative sunspot shocks are in contrast to the analysis of Schmitt-Grohe (2000), where the author argues (under the linear solution method) that sunspot shocks cannot generate hump-shaped output dynamics and forecastable comovements among output, consumption, hours, and investment.
In those chapters, Minitrends portrays the learnable mind-set of futures research, not on the basis of visionary principles or rigid rules, but in attitudes, in habits of thinking about the world, and in the collective events of daily life that make up the forecastable continuities of human enterprise.
Greenspan mentioned "small businesses are the big creators of jobs" in the United States and he also noted the big problem is a lack of innovation and that innovation "by definition is not forecastable." Nonetheless, small business is the engine of innovation which represents the single most important group for government focus in its efforts to stimulate the economic recovery.
Poor stock market returns since 1999 which, if not forecastable, were at least a risk against which prudent pension schemes should have made provision.
Cunha and Heckman (2007) survey results from their approach to disentangle forecastable and nonforecastable earnings variance and find bigger effects.

Full browser ?