BROWSE BY TOPIC
- Bad Brokers
- Compliance Concepts
- Investor Protection
- Investments - Unsuitable
- Investments - Strategies
- Investments - Private
- Features/Scandals
- Companies
- Technology/Internet
- Rules & Regulations
- Crimes
- Investments
- Bad Advisors
- Boiler Rooms
- Hirings/Transitions
- Terminations/Cost Cutting
- Regulators
- Wall Street News
- General News
- Donald Trump & Co.
- Lawsuits/Arbitrations
- Regulatory Sanctions
- Big Banks
- People
TRENDING TAGS
Stories of Interest
- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
ABOUT FINANCIALISH
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
SUBSCRIBE FOR
NEWSLETTERS & ALERTS
Black Boxes Tried Their Hands at Predicting AFC, NFC Champions
January 23, 2012
... but, for the most part, missed by a foot.
Two computer models analyzed a season's worth of statistics and predicted the winners of Sunday's AFC and NFC Championship games. By and large, they were losers.
Objective Models that Participated. Yale economist Cade Massey and Las Vegas sports analyst Rufus Peabody, created the Massey-Peabody ranking system, which projects a team's performance based on how it would fare against an average team on a neutral field. It also assigns a slight edge to the home team. Ben Alamar, editor of the Journal of Quantitative Analysis in Sports, uses a predictive model that estimates how teams perform on nearly every possible play.
Both models think more of Baltimore and San Francisco than Las Vegas seems to, which figures. Vegas point spreads - which are set with the public's tendencies in mind - often tend to favor teams with high-powered offenses over defensive teams. The Patriots and Giants fall into the former category, the Ravens and 49ers the latter.
Baltimore Ravens vs. N.E. Patriots. Both models believed that the game would be closer than Las Vegas oddmakers expect, and both concurred that Tom Brady and Bill Belichick would be in for a tougher time than expected. Correct.
- Massey-Peabody favored the Patriots by 5.54-points over the Ravens. FYI, this model had the Patriots as its No. 2-ranked team overall - just ahead of the knocked-out N.O. Saints). A Winner.
- Alamar's system actually had Baltimore pulling off the upset over the seemingly red-hot Patriots in Foxborough, 21-20. And it might have happened, except for a dropped TD pass and wayward 32-yard FG attempt. A Loser.
- Massey-Peabody ranked the Giants as just the 14th-best team in the NFL, trailing several non-playoff teams like the Dallas Cowboys and the New York Jets. That was a large factor in picking the 49ers as 6.37 point favorites. A Loser.
- Alamar System predicted an even larger spread, and expected a 24-14 San Francisco victory. A Loser.

