MULTIVARIATE MODELLING OF FINANCIAL RESULTS: A PREDICTIVE ASPECT

Abstract

The contemporary epoch is characterised by a series of occurrences that bear substantial economic ramifications. In the context of a challenging financial sector environment, the necessity for companies to expand and evolve remains persistent. It is noteworthy that entrepreneurial activity in Uzbekistan, despite the increased risks, is characterised by the constant addition of new market players. The formulation of a comprehensive strategy for enterprise development necessitates a meticulous examination of its operations to discern both its competitive strengths and vulnerabilities. It is imperative for the sustainable functioning and development of the organisation that past financial results are not only assessed, but also analysed prospectively in order to identify dominant trends. The findings of retrospective and forecast analyses of financial indicators directly impact the quality of decisions concerning profit optimisation, thereby establishing a foundation for the development, enhancement and fortification of the competitiveness of a commercial organisation. The relevance of the chosen topic is determined by these circumstances.