Finance Tahminns

How is proximity calculated?

The analyst's predicted return is compared against the actual return, divided by the prediction itself. Small predictions on big moves are penalised heavily.

predRtn  = (target − reference) / reference × 100
actRtn   = (actual − reference) / reference × 100
miss%    = |actRtn − predRtn| / max(|predRtn|, 5) × 100
score    = 100 / (1 + miss%/100)

100 = perfect hit · ~50 = missed by one prediction's worth · never reaches 0.