Focused on discretionary managers, analysts, strategists and others who use fundamental analysis, during this webinar investment industry experts will examine use cases and best practices for using alternative data for nowcasting and forecasting.
Nowcasting is a technique for using very short ongoing high-frequency data to predict the present, the very near future and the very recent past. Long used by meteorologists to forecast the weather, economists and investment practitioners can combine nowcasting with econometric models and fundamentals to improve overall accuracy with forecasting.
Integrating alternative data sets into nowcasting and forecasting can potentially provide a more well rounded, informed perspective that could lead to better investment decisions. Experts will also discuss how to understand and mitigate risks for best results