Skip to main content

Model Accuracy

Definition

Model accuracy measures how well a predictive or analytical model’s outputs match real-world observations or outcomes. In the digital asset domain, this applies to artificial intelligence and machine learning models used for price prediction, fraud detection, or risk assessment. High model accuracy indicates that the model’s forecasts or classifications are consistently close to the actual results, making it a dependable tool for decision-making. Conversely, low accuracy suggests unreliable outputs, potentially leading to poor financial or security outcomes.