FIFA Wold Cup 2018: Germany most likely to win, predicts UBS
To zero in on the winner, UBS uses econometric tools, usually applied to assess investment opportunities
Current Affairs News: With
barely a month remaining for the FIFA World Cup to begin in Russia, a recent study by UBS attaches a 60 per cent likelihood that the winner will be
one among Germany, Brazil and Russia. Germany, it predicts, has the highest
probability – 24 per cent – to lift the winner’s trophy as compared to the
other participating nations.
“Simulations indicate no country has
higher odds of winning the tournament than Germany, leading the table with a
likelihood of 24 per cent. Brazil and Spain also stand a good chance of lifting the trophy,
with chances of 19.8 and 16.1 per cent respectively. Host nation Russia will start in the Cup’s weakest group and is expected to
progress to the round of 16, where it is likely to lose against Spain or
Portugal,” UBS says.
To zero in on the winner, UBS uses econometric tools, usually applied to assess investment
opportunities. Germany, Brazil and Spain are the top three teams in the tournament as per
Elo rating, which UBS believes is an objective measure of team strength that
looks at things like how well the teams have played in the past, victories
against stronger teams etc.
While Germany and Brazil are set for an easy start, Spain will have to hit
the ground running if they are to beat Portugal, the current European
champions, in their opening game. From there, the going will get tougher for
Spain and Brazil, who will possibly face Argentina and England, respectively, in the quarterfinals. Both are
former champions, UBS says.
On the
other hand, Argentina’s fate will strongly depend on the form of their star
players, which, in UBS' view, is an element of uncertainty and hard to capture
with our quantitative model.
Russia versus Saudi Arabia, Portugal versus
Spain, Argentina versus
Croatia, Saudi Arabia versus Egypt and England versus Belgium will be the five
most exciting matches to watch, UBS says.
Comments
Post a Comment