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Forecasting
(redirected from Forcasting)

   Also found in: Medical, Wikipedia 0.04 sec.
Forecasting
The process of analyzing current and historical data to determine future trends.

Notes:
Stock analysts use various forecasting methods to determine future stock price movements, earnings, etc. Economists use forecasting techniques in order to determine future economic trends.


Forecasting
Making projections about future performance on the basis of historical and current conditions data.

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Seasonal statistical correlations may be helpful in forcasting outbreaks and for developing health early warning systems (HEWS) of meteorological conditions conducive to outbreaks.
Marvin Cetron is president of Forcasting International, 3612 Boar Dock Drive, Falls Church, Va.
The forcasting by the World Bank-IMF, the Philippine government and even both foreign and domestic business firms proves to be over-optimistic, if not engaging in wishful thinking.
 
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