Other than the Parsimonious forecasting approach, what other financial forecasting approaches are there?
Other than the Parsimonious forecasting approach, there are a number of other financial forecasting approaches. It includes the following approaches:
- Time series forecasting
- Simulation
- Periodic Correlation
- Value – At – Risk (VAR)
- Yield curve method
- Percentage of sales method
- Capital Asset pricing model
- Projected cash flow method
- Projected balance sheet method
- Black and Scholes model