walkforwardResearch

Foresight not hindsight

Forecasts with dates on them, scored in public.

Walkforward Research forecasts British public institutions — prison capacity, council finances, the public finances, inflation, the shape of towns a generation out. Each forecast is published before the outcome is known and scored afterwards against the official or market number it set out to beat.

time →

What we do

Three steps, in this order, every time. The order is the whole point: once a forecast is registered, there is nowhere left to hide.

First

Pick a question with a date on it

Questions where a decision turns on a number that does not exist yet, and where an official body has already put its own number on the record. Those are the ones worth forecasting, because there is something to be measured against.

Then

Register it before the outcome

The claim, the benchmark and its value on the day, the data used, the dates it will be marked and the rule it will be scored by — committed to a public repository while the answer is still unknown.

Afterwards

Publish the mark either way

Scored on the fixed date against the number it set out to beat. Hits and misses alike. Nothing is edited, nothing is quietly dropped, and the misses stay on the record.

The standard

A forecast you cannot check is an opinion

  • The benchmark is named, with its vintage, before the forecast is made
  • The marking dates are fixed in advance, so a miss cannot become a longer horizon
  • Every claim on this site links to a registered entry, or it is not made

The series

Four lines of work, one method. Anything may enter if it can be forecast in advance and scored on a fixed date; anything may leave once it has been scored honestly.

Which are next?

Distress screens of public bodies and regulated companies, published as a pre-registered shortlist and scored on what happens.

Breaking points

Capacity against a threshold, with a dated forecast of when the threshold is crossed.

Against consensus

National series forecast ahead of the official and market numbers, marked on release.

A generation from now

Town-level demography, housing and cohort forecasts to 2046 and 2066, with the backtest published alongside.

What has been registered so far, and how each entry stands, is on the ledger. The rules it runs on are set out in the method.