Consensus forecast

(redirected from Consensus Forecasts)

Consensus forecast

The mean of all financial analysts' forecasts for a company.

Consensus Forecast

The average or median forecast made by well-respected analysts on the future performance of a security or derivative. Forecasting is the process of using certain data to predict future market movements. Various methods exist for forecasting; experts differ on which ones, if any, work. See also: Technical analysis, Fundamental analysis, Random walk theory.
References in periodicals archive ?
ASIC alleges that by 18 October 2016, Bellamy's ought to have been aware that it was unlikely to achieve market consensus forecasts for the 2017 financial year given its sales performance in the first quarter of that year.
Summary: Economists, whose opinion is taken into account in the regular consensus forecasts of the Center of Higher School of Economics (HSE), do not believe the official forecast of growth of the economy
TRINITY Mirror expects its full year results to be ahead of consensus forecasts, it said yesterday.
THE FINANCIAL MIRROR CONSENSUS FORECASTS * Economic conditions will be worse in 2012 than in 2011, according to all of the eight panellists on the quarterly Financial Mirror Consensus Forecast, but there is also consensus that things ought to get better by 2013.
If the distance of an analyst's revised forecast from the mean consensus forecast is larger than that of the analyst's current outstanding forecast relative to the prior consensus forecasts, we define it as a bold forecast.
16 on the New York Stock Exchange after the overall earnings for the quarter just missed consensus forecasts of around 1.
Analysts are looking for a further strong recovery from the pounds 331m profits before tax and property gains seen last year, with consensus forecasts of pounds 558m.
Including acquisition costs, pre-tax profits rose 8% topounds 221m-beating consensus forecasts of pounds 212m - on flat sales of pounds 3.
Note the following consensus forecasts from 55 economists surveyed by the Wall Street Journal in July 2004 (Fig.
It is common practice to treat consensus forecasts of market movers as a measure of the information known to the market prior to such an announcement.
This analysis presents a rating of the accuracy of the Blue Chip median consensus forecasts and the Bureau of Business and Economic Research forecasts for 1992 and provides a look back at key economic trends that will likely continue into 1993.
exposes the serious underestimates of consensus forecasts