> For the complete documentation index, see [llms.txt](https://glimpse.gitbook.io/glimpse/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://glimpse.gitbook.io/glimpse/learn/forecasts-vs-predictions.md).

# Forecasts vs Predictions

The terms forecast and prediction are often used interchangeably, but they are not the same thing.

A prediction is usually an individual's view about what will happen in the future, whereas a forecast is an estimate of future outcomes based on available information.

Glimpse focuses on forecasts.

Rather than asking a single person what they think will happen, Glimpse aggregates information from many market participants and converts it into a live probability forecast.

As participants react to news, data and changing market conditions, the forecast updates automatically.

This creates a dynamic view of market expectations rather than a static opinion.

The goal is not to determine who is right but to better understand what outcomes the market currently considers most likely.