Powered by OpenAIRE graph
Found an issue? Give us feedback
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/ Енергозбереження. Ен...arrow_drop_down
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
Енергозбереження. Енергетика. Енергоаудит.
Article . 2024 . Peer-reviewed
License: CC BY NC
Data sources: Crossref
image/svg+xml art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos Open Access logo, converted into svg, designed by PLoS. This version with transparent background. http://commons.wikimedia.org/wiki/File:Open_Access_logo_PLoS_white.svg art designer at PLoS, modified by Wikipedia users Nina, Beao, JakobVoss, and AnonMoos http://www.plos.org/
versions View all 2 versions
addClaim

This Research product is the result of merged Research products in OpenAIRE.

You have already added 0 works in your ORCID record related to the merged Research product.

A FORECAST MODEL FOR ASSESSING THE LEVEL OF FINANCIAL AND ECONOMIC POTENTIAL OF AN INDUSTRIAL ENTERPRISE FOR

Authors: Kateryna Zaika;

A FORECAST MODEL FOR ASSESSING THE LEVEL OF FINANCIAL AND ECONOMIC POTENTIAL OF AN INDUSTRIAL ENTERPRISE FOR

Abstract

The article is devoted to the problem of forecasting the level of industrial enterprises financial and economic potential as a strategically important management tool for the need to adapt to internal and external market changes. The implementation of the forecast model using the adaptive method of forecasting economic time series is proposed: the model of exponential smoothing of the time series. During the implementation, the integral indicator of financial and economic potential level was calculated, the choice of the forecasting method was justified, the quality of the smoothing model and the reliability of the obtained forecast values were evaluated, and the interpretation of the forecasting results was also given. The research was conducted on the basis of a comprehensive assessment using integral indicators of financial and economic potential level, namely its components (budgetary-resource, financial-investment, security-oriented, loan, (corporate, credit-market, investment, innovative-technological and risk-adaptive) according to the criterion of established benchmarks and the application of the adaptive model of economic time series forecasting, exponential smoothing of the Holt series, which made it possible to establish the trends of the indicator change (decrease, increase or significant fluctuations). Based on this, the parameters of the forecasting model were systematized for each research object and the value of the average absolute percentage error with the provision of appropriate recommendations for ensuring stability and increasing their financial and economic potential in the long term. The practical value of the proposed theoretical and methodological approach is the possibility of using calculations of the integral indicator of financial and economic potential level of industrial enterprises as an information base formation of an adaptive management mechanism that will allow business entities to successfully face external challenges and internal threats, will ensure their stability and competitiveness in the market.

Keywords

financial and economic potential, industrial enterprises, exponential smoothing method, прогнозування, adaptive model, forecasting, адаптивна модель, промислові підприємства, фінансово-економічний потенціал, метод експоненціального згладжування

  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    0
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
gold