Definition: a Rolling Forecast is a financial approach that predicts the future performance of a business over a continuous period, based on historical data. Unlike static forecasts that forecast the future for a fixed time frame, e.g., January to December, a rolling forecast is regularly (typically monthly or quarterly) updated throughout the year to reflect any changes. It relies on an add/drop approach to forecasting that drops a month/period as it passes and adds a new month/period automatically. This enables a company to project its future performance based on the most recent numbers and time frame, which offers an advantage when operating in a fluid and ever-changing external environment.
MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.
We like to keep things short, and provide links to learn more about your subject.
© 2023 MBA Brief - Last updated: 4-12-2023 - Privacy | Terms