margin of error Archives

Tag Archives for " margin of error "

The cone of uncertainty

Yes, its ‘cone of uncertainty’ time again for hurricane watchers as Dorian ends up over 350 miles from where it was projected to be 5 days ago. Given that the 5 day margin of error on these forecasts appears to only around plus-or-minus 125 miles, this must temper President Trump’s relief that the current forecasts […]

Thomas Cook Group – analysis, or time for catastrophe modelling?

The recent gyrations in the Thomas Cook share price (a +50% surge yesterday and -13% correction today), might have you reaching for your catastrophe models, but its volatility after its latest guidance cut ought not to be that surprising. Combine a volatile top line with low margins, substantial financial leverage and a low rate of […]