Sentences with phrase «forecast skill»
"Forecast skill" refers to how accurate and reliable someone's ability is to predict or anticipate future events or outcomes. It indicates how well they can estimate what will happen in the future based on available information and analysis. Full definition
However, to capitalize on those returns, you would need to own the stock beforehand either through luck, or a unique and rare earnings forecasting skill.
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However, most investors do not have the consistent forecasting skill to predict which stocks will exceed earnings consistently.
Yet the models, based on that assumed pattern lack forecasting skill.
They released a detailed spending plan, saying among other things that more money could increase computing power, a prerequisite for gaining insights and forecasting skill on drought, tornadoes, hurricanes and regional impacts of human - caused climate change.
Ollinaho, P, Laine, M, Solonen, A, Haario, H and H Järvinen (2012), NWP model forecast skill optimization via closure parameter variations, Quarterly Journal of the Royal Meteorological Society, doi: 10.1002 / qj.2044 link
With this research, we highlight the potential of utilizing this improved forecasting skill in agricultural planning.
Time after time, Silver reveals our crummy forecasting skills.
Love your trend forecasting skills here I, too, am LOVING the metallic nature of everything lately and I can't wait to see more of it!!
By combining local knowledge, expert forecasting skills and an epic Wagon, Matt developed a recipe for the ultimate surf vacation.
Read on and improve your surf forecasting skills.
and that inclusion of warm water volume data in ENSO prediction schemes significantly improves forecast skill at ~ 6 months (McPhaden 2003).
[UPDATE, 9/28: Gavin Schmidt has posted a valuable update on how ignorance of initial conditions and gaps in understanding of detailed climate dynamics powerfully constrain short - term forecasting skill.]
MJO simulation diagnostics (developed by the working group) are available and hold promise in guiding future model testing and improvement as well as increased sub-seasonal forecast skill.
Additionally, she introduced the concept of skill, putting special attention in how the estimates of past forecast skill can provide information about the performance of forecasting systems in the future, but that the skill based on the last 30 years of hincasts is not necessarily a guarantee for the quality of real - time climate predictions due to the decadal variability of the skill.
Part II: Probabilistic and deterministic forecast skill.
Yes there is some good ensemble forecast skill assessment work that has been done by the NWP community
Enhanced seasonal forecast skill following stratospheric sudden warmings.
Hence, it is misuse of a model to accept that its «projections» of anything for several decades ahead are valid when the model has not existed for decades: this is a misuse of the model because the model can not have any demonstrated forecasting skill for decadal periods and, therefore, is not a valid tool for the purpose.
Your Systems Analyst resume template will get you the job you want as long as you highlight your budgeting and technology forecasting skills.
Recent improvements in forecast skill of the climate system by dynamical climate models could lead to improvements in seasonal streamflow predictions.
Whenever this occurs, and it seems it eventually must, forecasting skill of meteorologists will deteriorate, and this deterioration should be detectable.
The two components that are of the most significant importance to operational forecasters are track and intensity forecasting skill.
He hadn't planned on a recession and in fact both he and his Minister of Finance had said Canada wouldn't be affected by the global meltdown (so much for their forecasting skills).
Bay Street star David Rosenberg, known for his forecasting skills, made the news last week by spreading rumours.
The experts, who include Professor Mark Baldwin from the University of Exeter, argue that the predictability and persistence of stratospheric events could help scientists enhance both short term, and seasonal, forecast skills.
Advertisements for investment funds always say that past performance is no guarantee of future results; in the case of my forecasting skills, that's probably a good thing.
But, alas, I simply can't; as I've said before, I'm really not a believer in forecasting, and I certainly don't think that my forecasting skills are better than those of a whole slew of Wall Street analysts.
The tropical intraseasonal variability (ISV) forecast skill is found to be improved when a coupled model is used.
The overall performance of the operational medium - range forecasts is summarised using a set of headline scores which highlight different aspects of forecast skill.
Interestingly, forecast skill is enhanced when MOS models are applied as the MOS utilizes the predictive signals in the quasi-global predictors from the CanCM4 forecast system.