Not exact matches
Although local election and general election results tend to be quite
similar to begin with (the two are 90 % correlated) a statistical prediction might offer a better
indicator of what is likely to happen in the future then simply taking the results at face
value.
Please watch this video (of about 12 minutes) to investigate / understand «the validity issue» further, through the eyes of four teachers who also had
similar stories but were terminated due to their
value - added scores that, for the most part, contradicted other
indicators of their effectiveness as teachers.
The
indicator, created by Marc Chaikin, produces
values for buying and selling pressure like other money flow
indicators but also uses two exponential moving averages to determine momentum in a
similar way that the moving average convergence divergence (MACD)
indicator does.
Although the assessed
value may be an
indicator of relative market
value (as when comparing the assessed
values of
similar properties), actual fair - market
value may be considerably higher or lower than the assessed
value at any given point in time.