Projection

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Projection

The use of econometric models to forecast the future performance of a company, country, or other financial entity using historical and current information.

Projection

The use of certain data to predict future market movements, economic trends, and other things. Various methods exist for making projections; experts differ on which ones, if any, work. See also: Technical Analysis, Fundamental Analysis, Random Walk Theory.

projection

A forecast of future trends in a business,based on past experiences or on other currently available data. A projection that senior housing needs will increase at 12 percent per year for the next 5 years may form the basis for a pro forma profit and loss statement for development of a retirement community.