[Science Daily] Model beats Wall Street analysts in forecasting business financials

[Science Daily]

Model beats Wall Street analysts in forecasting business financials

Researchers describe a model for forecasting financials that uses only anonymized weekly credit card transactions and three-month earning reports. Tasked with predicting quarterly earnings of more than 30 companies, the model outperformed the combined estimates of expert Wall Street analysts on 57 percent of predictions.


https://www.sciencedaily.com/releases/20...132913.htm