Patent ID: 8374904

Claim:
A machine-implemented method for market forecasting, comprising: modeling, via the machine, a market characteristic for each of a plurality of market participants for a type of product; deriving, via the machine, variability of an attribute corresponding to a market characteristic coefficient of the type of product for each of the plurality of market participants, wherein deriving variability of the attribute includes de-trending an average attribute time series associated with historical data for each of the plurality of market participants; recursively sampling, via the machine, from a distribution of the variability of the attribute for each of the plurality of market participants; determining, via the machine, a pseudo-attribute by adding the recursively sampled attribute to a trend of the attribute; remodeling, via the machine, the market characteristic for each of the plurality of market participants for the type of product using the pseudo-attribute as an input to the modeled market characteristic; and forecasting, via the machine, a future market characteristic for each of the plurality of market participants for the type of product according to the remodeled market characteristic.