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Following on from last night's movie prediction accuracy thread, here are the accuracy figures for 2011 and 2010.

Posted by: RogerMore on Jan 01, 09:27

 

First 2011:

RS 64.0%

MTC 74.4%

BOCOM 73.2%

WW 71.6%

BOG 71.1%

BOM 72.9%

FilmGo 77.6%

EW 76.2%

LAT 76.7%

THR 73.3%

Whisper 70.5%

Average 74.7%

And 2010:
RS 65.6%
MTC 75.9%
BOCOM 74.0%
WW 71.3%
BOG 71.5%
FilmGo 83.9%
EW 77.6%
LAT 77.2%
Average 76.2%
So yes - this year was less predictable than previous years.  In 2011, almost every predictor fell into a band of 71% to 76% accuracy, save RS.  And it was similar in 2012.
Obviously, we had a lot of big surprises from blockbuster movies overperforming  - Avengers, Hunger Games, Skyfall, The Lorax etc but more importantly - as I'll show in my next post - a bunch of mid-range movies that came out of nowhere - The Vow, Safe House, Magic Mike, Think Like a Man, etc...  Nine out of the 10 biggest adjusts this year were longs, and in fact this year you'd have made a lot more money by simply holding every opener long than you would have by following the numbers for any prediction site.

 

Following on from last night's movie prediction accuracy thread, here are the accuracy figures for 2011 and 2010. RogerMore Jan 01, 09:27

Time for RS to update its model. They are consistent losers. {nm} elchan Jan 01, 09:38

Can you believe they are a business? Makes me think I should start my own movie tracking company. {nm} RogerMore Jan 01, 09:54

i dont think they make much money off it. it supplements their main business (they are a theater chain) {nm} Moviesnob Jan 01, 12:35

Then I hope they don't rely on it when deciding how many theatres should show the new releases :) {nm} RogerMore Jan 01, 14:44

It might work for them, at least on a small scale, their data might line up for them, but it's less useful on a national scale {nm} Moviesnob Jan 01, 15:04

Yeah, I'm just being snarky. Thanks for the info. {nm} RogerMore Jan 01, 16:21

So here is the answer to JDolphin's question about how prediction sites performed with blockbusters: RogerMore Jan 01, 09:52

Wow - thanks a lot for all that work!! Happy New Year! {nm} JDolphin Jan 01, 13:20

How did I do overall at BOF for 2011? think somewhere in the 73-75% range? {nm} xiayun Jan 01, 10:05

I'm away from my computer at the moment, but for Jan to May 2012 you were at 77%, second to EW RogerMore Jan 01, 10:54

thx for putting all that together {nm} tealfan Jan 01, 10:24

Just wondering, for those in the know. How do these prediction companies make money from their predictions? elchan Jan 01, 14:01

I wouldn't say I am in the know, but movie studios and theatre companies would be the main customers RogerMore Jan 01, 14:43

to be clear - most "tracking" companies do not predict box office, they measure marketing. {nm} Moviesnob Jan 01, 14:45

Roger, thanks so much for putting this together. Truthfully, I'm honored that you even included me in the list and FilmGo Jan 02, 20:28





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Untitled Original Comedy From Ju (UOCJA) 19008 47.16 (+0.03)          The Memory Police (TMEMP) 150000 4.93 (-0.27)          Moana (MOAN1) 10000 223.33 (-0.09)          The Memory Police (TMEMP) 150000 4.93 (-0.27)          Wild Horse Nine (WILDH) 100000 11.29 (+1.06)          The Odyssey (ODYSE) 10000 292.44 (+0.36)          Sheep in the Box (SHPBX) 30 2.00 (0.00)          Miami Vice (MIVIC) 150000 99.99 (+0.28)          Spider-Man: Brand New Day (SPID9) 10000 423.51 (-0.27)          Creed IV (CREE4) 150000 30.64 (+0.09)          Sheep in the Box (SHPBX) 150000 2.00 (0.00)          All of a Sudden (AOASD) 150000 2.00 (0.00)          I am Legend 2 (LEGN2) 150000 32.26 (+0.10)          In the Hand of Dante (ITHOD) 150000 4.19 (-0.38)          Michael B. Jordan (MBJOR) 25000 118.88 (+0.33)          Heart Eyes 2 (HRTE2) 10000 21.30 (+1.30)          Jack Ryan: Ghost War (RYAN1) 50000 13.34 (+0.46)          Wishful Thinking (WSHFT) 100106 3.36 (-0.02)          Resident Evil (RESE8) 9512 52.51 (+0.09)          Sheep in the Box (SHPBX) 150000 2.00 (0.00)          All of a Sudden (AOASD) 150000 2.00 (0.00)          Lee Cronin's The Mummy (TMUMY) 20000 42.59 (-0.07)          Untitled Original Comedy From Ju (UOCJA) 17562 47.16 (+0.03)          The Super Mario Galaxy Movie H$1 (MARI2.CA) 25000 3.59 (+0.38)          The Cat in the Hat (TCATH) 10000 84.46 (+0.06)          Terrifier 4 (TERF4) 4 23.72 (-0.02)          The Joy Luck Club 2 (TJLC2) 4 6.17 (-0.01)          Romy & Michelle 2 (ROMY2) 4 15.42 (-0.02)          Rock Springs (ROCSP) 250 1.37 (0.00)          Project Hail Mary (PRJHM) 122715 218.18 (+8.00)          Paper Tiger (PTIGR) 100 22.28 (+0.02)          Planes, Trains and Automobiles (PTAUT) 230 7.68 (+0.01)          Project Hail Mary (PRJHM) 122715 218.18 (+8.00)          Victorian Psycho (VPSYC) 155 14.11 (0.00)          The Wizard of Kremlin (WZKRM) 150 5.06 (0.00)          New York Will Eat You Alive aka (ZMBRO) 56 0.47 (-0.02)          Varanasi (VARAN) 25000 9.72 (-1.64)          Dhurandhar: The Revenge (DHUR2) 150000 20.12 (+0.49)          Sunny (SUNNY) 4 17.59 (+0.02)          Project Hail Mary (PRJHM) 135176 218.18 (+8.00)          The Beast (TBEAS) 235 7.28 (-0.03)          The Wild Robot Escapes (TWRB2) 4 53.25 (0.00)          Wildwood (WILDW) 150000 9.59 (+0.03)          Tomb Raider (TOMB4) 200 3.19 (-0.04)          Tomb Raider (TOMB4) 14 3.19 (-0.04)          Semplica Girl Diaries (SEMGD) 30000 2.74 (-0.02)          Jimmy (JIMYS) 5000 8.34 (-0.01)          King Snake (KSNAK) 20000 13.20 (-0.02)          Skeletons (SKLTN) 65 23.41 (+0.01)          Custom of the Country (TCOTC) 180 13.08 (-0.02)