nowcasting
Present-moment weather forecasting
Nowcasting is forecasting current or very-near-term conditions, typically weather or economic activity, using real-time data rather than predictive models.
Meteorologists nowcast precipitation for the next few hours using radar and satellite imagery.
Economists nowcast GDP using high-frequency indicators like credit card spending or electricity usage: The Fed's nowcast suggests stronger growth than initially estimated.
Radio-wave object detection
- precipitationAtmospheric water deposit
- satelliteOrbiting celestial body
- dopplerFrequency change from motion
- rainfallWater falling from clouds
thunderstorm · visibility · humidity · temperature · clouds · wind · fronts · barometer
Real-time digital delivery
- liveTo exist or dwell
- instantaneousHappening without any delay
- up-to-the-minuteReflecting the latest developments
- latencyDelay in system response
automated · interpolation · extrapolation · grid-based · observational
Exchanging for value
- stocksOwnership stakes or inventory
- volatilityRapid, unpredictable changeability
- liquidityConvertibility to cash
- chartingRecording data visually
Regulated overhead flight zone
- takeoffDeparture or parody
- landingDescent's final moment
- turbulenceChaotic flow patterns
- visibilityRange of clear sight
crosswind · headwind · tailwind · ceiling · icing · go-around · diversion
Degree of correctness
- resolutionFormal decision or determination
- granularityLevel of detail
- calibrationAdjusting for measurement accuracy
- uncertaintyState of being unsure
radar
Radio-wave object detection
- precipitationAtmospheric water deposit
- satelliteOrbiting celestial body
- dopplerFrequency change from motion
rainfall · thunderstorm · visibility · humidity · temperature · clouds · wind · fronts · barometer · anemometer
streaming
Real-time digital delivery
- liveTo exist or dwell
- instantaneousHappening without any delay
- up-to-the-minuteReflecting the latest developments
latency · automated · interpolation · extrapolation · grid-based · observational
trading
Exchanging for value
- stocksOwnership stakes or inventory
- volatilityRapid, unpredictable changeability
- liquidityConvertibility to cash
airspace
Regulated overhead flight zone
- takeoffDeparture or parody
- landingDescent's final moment
- turbulenceChaotic flow patterns
visibility · crosswind · headwind · tailwind · ceiling · icing · go-around · diversion
accuracy
Degree of correctness
- resolutionFormal decision or determination
- granularityLevel of detail
- calibrationAdjusting for measurement accuracy
verification
Proving something accurate
- geolocationDigital position identification
now, forecast, casting, forecasting, forecaster, forecasted, nowcast