An overview of StarMine SmartEconomics
StarMine SmartEconomics takes StarMine’s proprietary SmartEstimates® methodology and applies it to forecasts of macroeconomic data and FX rates to create a SmartEstimate of economic data that is more accurate than the simple consensus forecast.
StarMine assesses the historical accuracy of each contributor at every point in time on every poll in which the contributor had a forecast. The indicator-specific StarMine historical accuracy score for each forecaster then determines the weight that each forecast receives in the SmartEstimate.
Features & Benefits
What you get with StarMine SmartEconomics
- StarMine SmartEconomics takes StarMine’s proprietary SmartEstimates methodology and applies it to forecasts of macroeconomic data and FX rates to create a SmartEstimate of macroeconomic data that is more accurate than the simple consensus forecast.
- StarMine SmartEconomics marries the breadth of Datastream economic data with the industry-leading Reuters polling data to rigorously assess the historical accuracy of each contributor.
- Backtests show that the SmartEstimate for Economics and FX correctly predicts the direction of the macro surprises relative to the consensus forecast 61% of the time when the SmartEstimate is significantly from the consensus.
How it works
Accessing the dataset
This dataset can be used by the following products. Talk to us to learn more about different packages and offerings.
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