According to a more general forecast theory this nondocterate is working on, growth factors are the difference of events from interval to interval, time period to time period.
Events can be from business, finance, investment, economics, or whatever event is to be forecasted upon.
For business and finance, growth factors are called growth. The main growth is month to month, quarter to quarter, revenue/sales, net income, and profit margine.
For investments, in the USII (US Investment Industry) growth factors are called Growth Components. The primary growth component is known as the change or net change.
For economics, the growth factors or factors to an economics event line, like the US/GDP, come in 2 (two) types. These are real, and chained.
Growth factors are also called actual growth factors, or the actual growth or just actual. A growth factor that comes in percentage form is called Percentage Growth.
A GFM (Growth Factor Method) of EFL (Estimated Forecast Lag) used by this conjecturer is called GAM (Greatest Average Method).
The method consists of taking the average of a series of growth factors or percentage growth generated from intervals and periods of time. The average is then divided into the greatest valued positive growth factor.
GAM can be used for the big 5 (five) of time: DWMQY: Daily, Weekly, Monthly, Quarterly, and Yearly.
Depending on tibby (TIB Time Interval Base) also called the TPB (Time Period Base) the result is in terms of that TIB/TPB. Daily data results in EFL in terms of days. The EFL will be certain amount of days out in front of the from the time interval and period of the generation of the EFL.
William Charles Simpson
1st Write: Sat, Sep 27, '03
2nd Write: Tue, Jan 27, '04
Santa Cruz, CA, USA
WCS Home
Forecast & Time
© 2000 wcsimp@hotmail.com