72% of our Dollar-Rupee forecasts are reliableThis is based on statistical analysis of a 10-year track record since 2006. Read on below for an overview of our performance.
Our Forecast Reliability has increased over time
Our forecasts are evaluated under 2 criteria
1. Directional Accuracy
How many times do we get the direction right? Earlier, during 2006-2008 we were correct only 36% of the times. Since 2008, however, we are right on average 62% of the time.
2. Numerical Accuracy
This measures how far, numerically, our forecasts are from the actual rates that prevail later.
Our average error is down from 65% earlier to 3.5% now. Peak error is also down drastically from 12% to 4%.