This study analyzes the accuracy of forecasted target prices within analysts’ reports. We compute a measure for target price forecast accuracy that evaluates the ability of analysts to exactly forecast the ex-ante (unknown) 12-month stock price. Furthermore, we determine factors that explain...

High-quality short-term forecasts of wind speed are vital to making wind power amore reliable energy source. Gneiting et al. (2006) have introduced a model for the averagewind speed two hours ahead based on both spatial and temporal information. Theforecasts produced by this model are accurate,...

Hurricane Katrina of 2005 was responsible for at least 81 billion dollars of property damage. In planning for such emergencies, society must decide whether to invest in the ability to evacuate more speedily or in improved forecasting technology to better predict the timing and intensity of the...

This paper examines the forecast accuracy of Australian Bureau of Statistics national population projections produced from the 1960s to the early 2000s. As well as total populations, the accuracy of the following is assessed: age-sexspecific populations, the Total Fertility Rate, life expectancy...

The paper has a methodological character. It deals with possibilities of univariate time series models use in forecasting the regional labour market indicators. The main attention is focused on methodology for combining forecasts from different individual procedures. Forecasting performances of...