Individual Forecasting Ability (Classic Reprint)

Individual Forecasting Ability (Classic Reprint)

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Excerpt from Individual Forecasting Ability The criterion I apply to evaluate forecasting ability is average accuracy on the portfolio of predictions made by an individual, through time. It is reasonable to presume that some firms' earnings are harder to forecast than others'. Since analysts may, to some extent, choose to predict earnings for some firms and not others, this endogenous selection is important to the specification of statistical tests. The results reported here remove the effects differential predictability across industries in comparing analysts. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.show more

Product details

  • Paperback | 34 pages
  • 152 x 229 x 2mm | 59g
  • Forgotten Books
  • United States
  • English
  • , black & white illustrations
  • 0243216769
  • 9780243216765