MultiversX Tracker is Live!

Do crowd forecasts really beat polls, or only sometimes?

All Cryptocurrencies

by COINS NEWS 18 Views

I was reading some older Iowa market research and the result looks interesting. Across 964 election polls, the average polling error was 3.37 percentage points, while the market forecast error was 1.82 points.

But newer research on the 2024 election also found big price differences between platforms and possible inefficiencies. So maybe crowd forecasts are useful, but not automatically reliable.

What would you test before using this data in a real forecasting model? Calibration, liquidity, trader count, or something else?

submitted by /u/Actual-Ad2198
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments