Competitors' Market Shares Accurately Forecasted, Enabling Ruthless Business Strategies
The article discusses a method to predict how much of the market competitors will have in the banking industry. The researchers used a type of analysis called multivariate linear time series to make these predictions. They found that some competitors' market shares tend to move in similar directions, while others move in opposite directions. This analysis helps make accurate forecasts for monitoring competitors and planning for different market scenarios.