That is well known for weather forecasts, that we have a 10 - day maximum window for forecasts, with more reliable forecasts for the next ~ 3 days. (dotearth.blogs.nytimes.com)
That is why the investor can make more accurate predictions of the most likely resale price, if reliable forecasts of future cap rates are available. (xelonline.com)
Therefore, a dataset of their past performance will not be representative of the wider industry, or provide reliable forecasts of what we can expect to happen in the future. (winton.com)