# Difference between Predicting stock returns and Forecasting stock Returns?

The data that is used are either Technical Indicators, Fundamentals Indicators or Macro Indicators which is time series in nature. Given, if we are estimating one-period ahead returns(t+1), is there a difference in methodology in predicting and forecasting stock returns?

• No, these two words Predicting and Forecasting mean essentially the same thing in English. – Alex C Aug 19 at 3:50
• Typically, we estimate parameters but predict or forecast realizations of random variables. Hence, you do not estimate one-period ahead returns but rather predict or forecast them. The latter two terms are essentially the same, especially in time series analysis. – Richard Hardy Sep 13 at 9:21