price forecast

USAGE SUMMARY

The phrase "price forecast" is correct and usable in written English.
You can use it when you want to predict or estimate the future value of something, or to refer to a report that has been made about predicted or estimated future values. For example, "According to the latest price forecast, the value of gold is expected to decrease in the coming months."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

The government cuts its gas price forecast.

The New York Times

Goldman Sachs downgraded its long term price forecast for coal by 18%.

The Guardian

Still, analysts raised their 2010 median price forecast for a fifth straight month to $73.39.

The New York Times

Besides, there is a lack of efficient feature selection technique for designing the input vector of electricity price forecast.

Expert Systems with Applications

This paper presents the economic benefit analysis of electricity price forecast on the day-ahead scheduling of load-shifting industrial plants.

Electric Power Systems Research

The bank slashed its 2015 average price forecast for Brent crude oil by $16 a barrel to $85.

The Guardian - Business

In spite of all performed research on this area in the recent years, there is still essential need for more accurate and robust price forecast methods.

Expert Systems with Applications

The proposed method is examined on PJM, Spanish and Ontario electricity markets and compared with some of the most recent price forecast techniques.

Expert Systems with Applications

The January STEO is the first one to include a 2020 price forecast, and as such, had been awaited with a great deal of anticipation.

Columbia University

The median long-term copper price forecast based on Wall Street research at the time of the Merger was also $0.90 per pound.

Harvard University

Rising global energy prices and an expected colder winter this year accounted for the estimated increases, the energy agency said in its yearly winter price forecast.

The New York Times

Expert writing Tips

Best practice

Clearly state the source of the "price forecast" (e.g., "according to the government's price forecast").

Common error

Don't base decisions solely on one "price forecast". Always consider multiple sources and methodologies to mitigate risk.

Linguistic Context

The phrase "price forecast" functions as a noun phrase, typically acting as a subject, object, or complement in a sentence. As Ludwig AI exemplifies, it is used to refer to predictions or estimations of future prices in various sectors, ranging from commodities to real estate.

Expression frequency: Very common

Frequent in

News & Media

40%

Science

30%

Formal & Business

15%

Less common in

Academia

10%

Encyclopedias

2%

Reference

3%

Ludwig's WRAP-UP

The phrase "price forecast" is a common noun phrase used to describe predictions or estimations of future prices. Ludwig AI confirms its grammatical correctness and widespread usage across various contexts. From news reports and scientific articles to business plans, it serves as a crucial element in discussions related to economic trends and investment strategies. While alternatives like "price prediction" or "market outlook" exist, "price forecast" remains a versatile and widely understood term. Remember to consider the time frame and source when interpreting a "price forecast" and never base decisions on one single source.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Price prediction

Focuses more on the act of predicting, less on the formal report.

Cost projection

Shifts the focus to the cost aspect rather than just the price.

Market outlook

Refers to a broader view of the market's future, including price.

Valuation forecast

Specific to estimating the overall value, not just price.

Economic forecast

Covers a wider range of economic factors, with price as one element.

Financial projection

Emphasizes the financial aspects and implications of future prices.

Demand forecast

Focuses on predicting demand, which influences price.

Supply forecast

Centers on predicting supply, another key factor affecting price.

Sales forecast

Relates to predicting sales volumes, which can impact pricing strategies.

Revenue forecast

Concerns predicting revenue, where price is a component.

FAQs

How can I use "price forecast" in a sentence?

You can use "price forecast" to discuss expected future prices. For instance, "The analyst presented a detailed "price forecast" for the next quarter".

What's a good alternative to "price forecast"?

Alternatives include "price prediction", "market outlook", or "cost projection", depending on the context.

What factors influence a "price forecast"?

Many factors can influence a "price forecast", including supply and demand, economic indicators, geopolitical events, and technological advancements.

How accurate are "price forecasts"?

"Price forecasts" are estimates and not guarantees. Accuracy varies based on the methodology used and the stability of the market conditions. Always consider them as one input among many.