forecastability

forecastability

English

Etymology

From forecast +‎ -ability.

Pronunciation

  • Audio (Southern England):(file)

Noun

forecastability (usually uncountable, plural forecastabilities)

  1. A measure of the degree to which something may be forecast with accuracy.
    • 2009, Peter M. Catt, "Forecastability: Insights from Physics, Graphical Decomposition, and Information Theory", in Foresight: The International Journal of Applied Forecasting, issue 13, pages 24–33:
      My aim with this paper is to equip forecasters with some cross-disciplinary theory on forecastability and to provide practical techniques for assessing how forecastable a historical time series is.