misestimate
Get it wrong
To misestimate is to estimate incorrectly—either too high or too low.
The word covers both overestimating and underestimating: We misestimated how long the project would take.
A misestimate is such an error in judgment or calculation.
Faulty evaluation of something
- misreckoningIncorrect computation
- miscountError in enumeration
- miscountingTallying incorrectly
- blunderFoolish, costly mistake
oversight · discrepancy · deviation · inaccuracy · imprecision · inexactness · flaw · slip
Rating below actual worth
- underratingJudging below true value
- undercountTally that's too low
- underassessmentValuing below actual worth
- lowballDeliberately understate cost
underappreciation · understatement · shortfall · undershoot · underpricing · blindspot · oversight · depreciation
Faulty evaluation of something
- misapprehensionIncorrect belief or understanding
- misconceptionErroneous belief or understanding
- misinterpretationIncorrect understanding of meaning
- misperceptionIncorrect interpretation of reality
misreading · assumption · presumption · bias · conjecture · speculation · fallacy · delusion
Estimating future conditions
- predictionForecast of coming events
- projectionSomething that extends outward
- actuarialOf risk calculation
- probabilityQuantified chance of occurrence
uncertainty · assessment · modeling · variance · margin of error · confidence interval · hedging · contingency
Appraising too highly
- overratingValuing beyond merit
- inflationSustained price level increase
- exaggerationOverstating beyond reality
- overshootGo beyond intended point
overassessment · overcalculation · overexpectation · overhype · hyperbole · overbid · overconfidence · optimism
misjudgment
Faulty evaluation of something
- misreckoningIncorrect computation
- miscountError in enumeration
- miscountingTallying incorrectly
blunder · oversight · discrepancy · deviation · inaccuracy · imprecision · inexactness · flaw · slip · misstep
undervaluation
Rating below actual worth
- underratingJudging below true value
- undercountTally that's too low
- underassessmentValuing below actual worth
lowball · underappreciation · understatement · shortfall · undershoot · underpricing · blindspot · oversight · depreciation · minimization
misjudgment
Faulty evaluation of something
- misapprehensionIncorrect belief or understanding
- misconceptionErroneous belief or understanding
- misinterpretationIncorrect understanding of meaning
misperception · misreading · assumption · presumption · bias · conjecture · speculation · fallacy · delusion · faulty reasoning
forecasting
Estimating future conditions
- predictionForecast of coming events
- projectionSomething that extends outward
- actuarialOf risk calculation
probability · uncertainty · assessment · modeling · variance · margin of error · confidence interval · hedging · contingency · exposure
overvaluation
Appraising too highly
- overratingValuing beyond merit
- inflationSustained price level increase
- exaggerationOverstating beyond reality
overshoot · overassessment · overcalculation · overexpectation · overhype · hyperbole · overbid · overconfidence · optimism · overreach