I enjoyed reading your post. I appreciate that you introduced us to some different types of forecasting methods. As you mentioned on your post, forecasting, especially quantitative analysis, is tend to highly depend on the past data for forecasting. Although if you consider some risks or variables that might exist in the future, the process of measuring those or making those numerical values for the analysis is not easy. That’s why most businesses compound quantitative and qualitative methods when they forecast their business.