forecasting
Anticipating coming events
Forecasting is predicting future conditions or events based on available data and analysis.
Weather forecasting uses atmospheric measurements.
Financial forecasting projects revenues and costs.
The term emphasizes systematic methodology over guesswork: The company's forecasting model predicted a downturn.
As a noun, it names this practice; as a verb form, it describes the act of making such predictions.
Study of atmospheric phenomena
- precipitationAtmospheric water deposit
- temperatureMeasured heat intensity
- humidityMoisture in atmosphere
- barometerInstrument gauging atmospheric pressure
doppler · radar · climate · cyclone · hurricane · typhoon · tornado · blizzard
Recurring arrangement or template
- trajectoryPath of moving object
- directionWay something faces
- momentumProduct of mass, velocity
- upswingPeriod of increase
downtrend · shift · movement · cycle · seasonality · emerging · trendline · curve
National output abbreviation
- inflationSustained price level increase
- recessionProlonged economic decline
- unemploymentBeing without paid work
- growthIncrease in size
demand · supply · fiscal · monetary · econometrics · macroeconomics · budget · revenue
Simulating or demonstrating form
- projectionSomething that extends outward
- extrapolationExtending data beyond bounds
- regressionReturn to former state
- algorithmFinite problem-solving procedure
data-driven · statistical · quantitative · accuracy · baseline · benchmark · backtesting · validation
Foretelling of future events
- divinationForetelling through mystical means
- oracleAuthoritative wisdom source
- soothsayingForetelling future events
- auguryOmen interpretation practice
omen · clairvoyance · seer · astrology · tarot · fortune-telling · prognostication · portent
Postulated event sequence
- contingencyUncertain possible event
- simulationImitation of real processes
- optimizationMaximizing efficiency or performance
- wargamingSimulating military conflicts recreationally
meteorology
Study of atmospheric phenomena
- precipitationAtmospheric water deposit
- temperatureMeasured heat intensity
- humidityMoisture in atmosphere
barometer · doppler · radar · climate · cyclone · hurricane · typhoon · tornado · blizzard · monsoon
pattern
Recurring arrangement or template
- trajectoryPath of moving object
- directionWay something faces
- momentumProduct of mass, velocity
upswing · downtrend · shift · movement · cycle · seasonality · emerging · trendline · curve · outlook
GDP
National output abbreviation
- inflationSustained price level increase
- recessionProlonged economic decline
- unemploymentBeing without paid work
growth · demand · supply · fiscal · monetary · econometrics · macroeconomics · budget · revenue · sales
modeling
Simulating or demonstrating form
- projectionSomething that extends outward
- extrapolationExtending data beyond bounds
- regressionReturn to former state
algorithm · data-driven · statistical · quantitative · accuracy · baseline · benchmark · backtesting · validation · calibration
prophecy
Foretelling of future events
- divinationForetelling through mystical means
- oracleAuthoritative wisdom source
- soothsayingForetelling future events
augury · omen · clairvoyance · seer · astrology · tarot · fortune-telling · prognostication · portent · palmistry
scenario
Postulated event sequence
- contingencyUncertain possible event
- simulationImitation of real processes
- optimizationMaximizing efficiency or performance
wargaming · what-if · probabilistic · deterministic · ensemble
- seismologyearthquake, earthquakes, seismograph, seismicity, seismometer
- Strategic Planningcontingency plan, contingency plans, roadmap, decision tree, decision trees
- quantitative modelingstatistical models, Monte Carlo, optimization, linear programming, time series
- simulation modelspredictive models, Monte Carlo, climate models, growth models, carrying capacity
- analysisanalyze, analysis, evaluate, data analysis, examine
- business financeaccounting, balance sheet, revenue stream, profit margin, budget
forecastinghindsight
Recognition after the fact
retrospection · looking back · reviewing · postmortem analysis · backcasting
forecastingreporting
Conveying documented information
recording · documenting · chronicling · observing · witnessing
forecastingconfirming
Establishing truth of something
verifying · proving · establishing · knowing · certainty
- weather forecastingPredicting future atmospheric conditions
- budget forecastingProjecting future income and expenses
- trend forecastingAnticipating future preferences
- business forecastingPredicting commercial outcomes ahead
- flood forecastingPredicting dangerous water rises
- sales forecastingPredicting future revenue
cast, forecast, unforeseen, foretell, forethought, foreshadow, forecasts, forecaster, foreseeable