Forecast, as the name suggests, aims to predict the future movements of a stock based on three different parameters. Forecast comparison is an important metric in technical analysis. Using past performance and financial ratios, analysts can determine the trajectory of a stock price. Under this header, there are three main ratios which are used to compare the forecast between a company and the peers falling in the same sector.
The parameters used here are -
- Upside %
- Buy Recommendation %
- 1Y forward EPS growth
To know more about Upside % - click here
To know more about Buy Reco % - click here
To know more about 1Y Forward EPS growth - click here