Balancing the books
Article Abstract:
Computer models have replaced crystal balls in fortune telling, and they are used by analysts and investment managers who rely a great deal on business modelling. Managers often develop in house models that lack rigor, and a KPMG survey uncovered major errors in 95% of models. These errors could affect decisions that the models had influenced. Poor model design was seen as a problem with 59% of the models. Software is available that allows models to be personalized with underlying calculations unaffected.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Chart psychology
Article Abstract:
Charts are useful for timing purchases of stocks, and can provide a basis on which to make forecasts, as well as historical data. Investors tend to use both charts and fundamentals, with selection of investments influenced by fundamentals. Investors should study charting techniques prior to deciding on how useful they are to make investment decisions. There are a number of books on the subject such as 'Technical Analysisof the Futures Market' by John Murphy, as well as information available on the web.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Counting the cost. What sort of plan? Index-trackers in new price war
- Abstracts: Revitalizing the branch. The smart card disconnection
- Abstracts: Changing of the b-to-b guard. Stephens: media key to planning
- Abstracts: War on waste in the banks. Hong Kong: party is not over yet
- Abstracts: Coded warning for Roscos. Prescott's White Paper packs a punch. What Prescott plans for transport