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Author

Edward J. Lusk

University of Pennsylvania, United States
1 article in our journals

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Research ArticleOpen accessForecasting Financial Market Annual Performance Measures: Further Evidence+Edward J. Lusk, Michael Halperin, Atanas Tetikov, Niya StefanovaProblem statement: Forecasting is simple; producing accurate forecasts is the essential task. Experience suggests that financial managers often assume that because models used in forecasting are appropriate that they are effective. This study addresses this assumption. Effective is taken to mean forecasts where the Absolute Percentage Error (APE) is equal to or less than 10%. It has been reported that … …American Journal of Economics and Business Administration, Vol. 2, Issue 3 · 30 Sep 2010 · 7,526 accessesView PDFCite