Predetermined Maximum, Based On Market
Determine a forecast period by choosing a number of years based on characteristics of the market. Companies in established and well known market are better suited towards longer forecasting periods then companies opening up a new market.
Read more about this topic: Forecast Period (finance)
Famous quotes containing the words based and/or market:
“A system of morality which is based on relative emotional values is a mere illusion, a thoroughly vulgar conception which has nothing sound in it and nothing true.”
—Socrates (469–399 B.C.)
“To throw obstacles in the way of a complete education is like putting out the eyes; to deny the rights of property is like cutting off the hands. To refuse political equality is like robbing the ostracized of all self-respect, of credit in the market place, of recompense in the world of work, of a voice in choosing those who make and administer the law, a choice in the jury before whom they are tried, and in the judge who decides their punishment.”
—Elizabeth Cady Stanton (1815–1902)