[Science Daily] Model beats Wall Street analysts in forecasting business financials - Printable Version +- www.chinaphonearena.com (https://www.chinaphonearena.com/forum) +-- Forum: Off The Wall (https://www.chinaphonearena.com/forum/Forum-Off-The-Wall) +--- Forum: Tech & Science (https://www.chinaphonearena.com/forum/Forum-Tech-Science) +--- Thread: [Science Daily] Model beats Wall Street analysts in forecasting business financials (/Thread-Science-Daily-Model-beats-Wall-Street-analysts-in-forecasting-business-financials)

[Science Daily] Model beats Wall Street analysts in forecasting business financials - Science Daily - 2020-01-05 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/2019/12/191219132913.htm