Thai Analysts Have Been 24% Wrong on Average
- The chart above is based on the same methodology laid out in An Empirical Study of Financial Analysts Earnings Forecast Accuracy
- Globally, analysts have on average been 22% wrong in their EPS forecasts (as of 2017, updated from the paper mentioned above)
- Thai analysts have been slightly more inaccurate on average at 24%
- Remember, YAAW! You Are Always Wrong!
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