WebSep 21, 2024 · Investors utilize forecasting to determine if events affecting a company, such as sales expectations, will increase or decrease the price of shares in that company. Forecasting also provides... WebApr 14, 2024 · It’s especially useful for forecasting short-term events, such as sales figures or stock prices. For example, if you want to know how your company is likely to perform over the next month, you can use the average approach by calculating the average performance over the past few months or years.
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