Author/Authors :
nikolaevna, pozdeeva svetlana financial university under the government of the russian federation, Moscow, Russia , alekseevna, prodanova natalia plekhanov russian university of economics, Moscow, Russia , leonidovna, dimitrov irina moscow state academy of physical culture, Moscow, Russia , vladimirovna, kucher oksana kuban state agrarian university named after i.t. trubilin - federal state budgetary educational institution of higher education, Agrarian
Abstract :
In this article, the authors have investigated the possibility of correlation and regression analysis for financial forecasting of sports and physical culture organizations. The purpose of this research is to develop tools and use them in forecasting performance indicators of sports industry organizations for their stable functioning in the market. The relevance of the topic is due to the fact that the sports business in Russia is relatively new, the activities of sports and physical culture organizations are associated with the influence of a sufficient number of factors that negatively affect the performance of activities. For this purpose, the authors suggest using a correlation-regressive analysis of profit. The factors that influence the profit were determined and a multi-factor regression model was constructed that allowed calculating the forecast value of profit. The assessment of the impact of three factors on profit was revealed using data of ten organizations.
Keywords :
Correlation and Regression Analysis , Financial Forecasting , Profit , Sports and Fitness Organization , Sports Business
