Structuring

A variety of structures to assess the relative likelihood of stock prices can be employed.

 Alternative Prices

The simplest structure consists only of alternative prices.  Pairwise comparisons are made for the relative likelihood of one price vs. another.

A more elaborate structure consists of a cluster of influencing factors such as economic conditions, competition, management, government policy and so on.  Judgments would be elicited for the relative importance of the influencing factors and then the relative likelihood of the alternative prices with respect to each influencing factor.

 

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