What does consensus forecast mean?
Definitions for consensus forecast
con·sen·sus fore·cast
This dictionary definitions page includes all the possible meanings, example usage and translations of the word consensus forecast.
Wikipedia
Consensus forecast
Used in a number of sciences, ranging from econometrics to meteorology, consensus forecasts are predictions of the future that are created by combining together several separate forecasts which have often been created using different methodologies. Also known as combining forecasts, forecast averaging or model averaging (in econometrics and statistics) and committee machines, ensemble averaging or expert aggregation (in machine learning). Applications can range from forecasting the weather to predicting the annual Gross Domestic Product of a country or the number of cars a company or an individual dealer is likely to sell in a year. While forecasts are often made for future values of a time series, they can also be for one-off events such as the outcome of a presidential election or a football match.
Numerology
Chaldean Numerology
The numerical value of consensus forecast in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of consensus forecast in Pythagorean Numerology is: 9
Examples of consensus forecast in a Sentence
The company is cautious on the impact of Brexit and we expect it to continue to offer deep discounts through the rest of the year to keep cabins full, nonetheless, these results demonstrate the resilience of the Ryanair business model and we expect consensus forecast to be unchanged at this time.
Nonetheless, these results demonstrate the resilience of the Ryanair business model and we expect consensus forecast to be unchanged at this time.
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"consensus forecast." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/consensus+forecast>.
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