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Definition of 'Overcast'
A forecasting error that occurs when estimating volumes of items such as future cash flows, performance levels or production. Overcasting produces an estimation that is above the realized value.
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Investopedia explains 'Overcast'
Overcasting is caused by a variety of forecasting factors. The main factor that results in overcasting is using the wrong inputs. For example, when estimating the net income of a company for next year, you may overcast the amount if you underestimate costs or overestimate sales.
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Search results for 'Overcast'
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http://financialedge.investopedia.com/financial-edge/1111/3-Reasons-For-Job-Seekers-To-Stay-Positive-During-A-Recession.aspx
... Side Jobs.). TUTORIAL: Economics Basics. Consider the following as shimmering
lights in an overcast sky. Subjective Reporting Can ...
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http://stocks.investopedia.com/stock-analysis/2009/Clean-Energy-Sector-Facing-Adversity-ENER-GPRE-ADM-JASO1104.aspx
... Overcast Skies Energy Conversion Devices (Nasdaq: ENER), a maker of solar panel
products, is expected to swing to a net loss of 30 cents per share when it ...
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http://www.investopedia.com/articles/pf/08/shoulder-season-travel-tips.asp
... Many coastal areas experience what is locally referred to as "June Gloom", or
long stretches of chilly, overcast, gray days at the beach. ...
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