good forecasting

USAGE SUMMARY

The phrase "good forecasting" is correct and usable in written English.
It can be used when discussing the accuracy or effectiveness of predictions related to future events, particularly in fields like business, finance, or weather. Example: "The company's success can be attributed to its good forecasting, which allowed them to anticipate market trends effectively."

✓ Grammatically correct

Science

News & Media

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

31 human-written examples

Good forecasting for an industry or firm begins, therefore, with a good analysis of the overall economy.

Britannica

All the MAPE values are smaller than 10%, so the analytical models built have good forecasting accuracy.

Construction and Building Materials

The results pointed to the good forecasting capability of the approach, which repeatedly outperformed the "Buy and Hold" strategy.

Information Sciences

Results show that the proposed approach with a 60-day MA of the TAIEX as economic learning pattern achieves good forecasting performance.

Energy Conversion and Management

Managing intermittent demand is a vital task in several industrial contexts, and good forecasting ability is a fundamental prerequisite for an efficient inventory control system in stochastic environments.

International Journal of Production Economics

Synthetic examples of a layered reservoir are performed to validate how EnOpt/ML-CRMs can successfully match observation data with good forecasting and optimization ability.

Journal of Petroleum Science and Engineering

Human-verified similar examples from authoritative sources

Similar Expressions

29 human-written examples

We reward good forecasts with better scores and post the names of the best forecasters on an online leaderboard.

The New Yorker

We think its April 8-12 projectisn is a good forecast.

The Washington Post

"Plus," he added, "we have a not very good forecast for Saturday afternoon".

The New York Times - Sports

This way, we can find out if real time diffusion indexes could have delivered good forecasts.

Columbia University

We have had reasonably good forecasts — hitting the peak bloom within our predicted window four times.

The Washington Post

Expert writing Tips

Best practice

Always quantify how good the forecasting is by specifying the accuracy rate.

Common error

Avoid presenting "good forecasting" as a guarantee of future events. Emphasize that forecasts are predictions based on current data and models, which are subject to change.

Linguistic Context

The phrase "good forecasting" functions as a noun phrase where the adjective 'good' modifies the noun 'forecasting'. It describes the quality or characteristic of the forecasting process. Ludwig AI shows it is typically used to denote that a prediction is accurate and reliable.

Expression frequency: Common

Frequent in

Science

40%

News & Media

35%

Formal & Business

15%

Less common in

Encyclopedias

10%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "good forecasting" is a common and grammatically sound phrase used to describe accurate and reliable predictions. As Ludwig AI confirms, it appears frequently in scientific, news, and business contexts. While the phrase is generally straightforward, it's important to quantify the level of accuracy when possible and avoid presenting forecasts as guarantees. Alternatives such as "accurate prediction" or "reliable forecast" can provide nuanced ways to express similar ideas. Emphasizing the qualities and benefits of effective prediction allows for clear communication in many professional and academic fields.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

accurate prediction

Focuses on the precision and correctness of the forecast.

reliable forecast

Emphasizes the dependability and trustworthiness of the forecast.

effective forecasting

Highlights the successful outcome and impact of the forecasting process.

sound prediction

Implies a solid basis and well-reasoned approach to the forecast.

strong predictive power

Focuses on the inherent capability of the method or model to forecast accurately.

proficient forecasting

Emphasizes the skill and competence in performing forecasting.

astute forecasting

Highlights the keen insight and intelligence used in the forecasting process.

insightful prediction

Suggests the forecast provides a deeper understanding or revelation.

competent prognostication

Uses a more formal term for forecasting, emphasizing capability.

prescient anticipation

Implies an advanced ability to foresee events, bordering on foresight.

FAQs

How can I use "good forecasting" in a sentence?

You can use "good forecasting" to describe accurate predictions in various fields. For example, "The company's success relies on its "good forecasting" of market trends."

What are some alternatives to "good forecasting"?

Alternatives include "accurate prediction", "reliable forecast", or "effective forecasting", depending on the specific context.

What makes a forecast "good"?

A "good forecast" is characterized by its accuracy, reliability, and usefulness in decision-making. It effectively anticipates future trends and events based on available data.

Is "good forecasting" different from "effective forecasting"?

While similar, "good forecasting" generally refers to the accuracy of the predictions, while "effective forecasting" implies that the predictions lead to positive outcomes or improved decision-making.