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World Class Forecasting Benchmarks

"Does anyone have "world class" benchmark results for forecast accuracy or know where I might find some?"

This question was asked at a recent webinar, now available on-demand: "Calculating Financial Forecast Accuracy"

Please add your thoughts about it below. Thanks!

Answers

Kenneth Fick
Title: President, CEO
Company: Pierce The Fog, LLC
(President, CEO, Pierce The Fog, LLC) |

This is a hard question, because it really depends on what you are trying to forecast. For example, I know you can frequently find public studies on GDP forecast accuracy made by public and private economists. Other studies look at public company earnings forecast accuracy.

I would start your research on the Social Science Research Network by performing a Boolean search for both your industry and forecast accuracy. Then go to your public library's website and continue the research in JSTOR and other public records, but I do not know of any central source.

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