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Schreuder and Jan Klaassen (1984), Confidential Revenue and Profit Forecasts by Management and Financial Analysts: Evidence form The Netherlands, The Accoounting Review, vol. 59, no. 1, January 1984)
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and other accounting relationships. At the same time, the resultant line items must talk to the business' operations:- in general, growth in revenue will require corresponding increases in
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Stotz, Andrew, An
Empirical Study of Financial Analysts Earnings Forecast Accuracy (May 29, 2016). Available at SSRN:
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in financial terms over a given time period. For the components / steps of business modeling here, see
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do not produce better forecasts than simple forecasting models. (Additional to the above outline, for
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information, such as the 52-week high of stock prices, to augment their analysis of stock prices.)
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Valuation using discounted cash flows § Determine cash flow for each forecast period
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Arguably, the key aspect of preparing a financial forecast is
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for more detailed discussion, and other considerations; also
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of companies. In general, this literature shows that
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There is an extensive literature on the accuracy of
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344:: 67–84.
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