ALLABCDEFGHIJKLMNOPQRSTUVWXYZ« Back to Glossary IndexA metric that seeks to identify how ‘close’ an estimate of value will be to the Reference Value.Related Articles:Glossary: CascadeGlossary: Result CodeGlossary: Usable Hit RateGlossary: Valuation Acceptance CriteriaIn the World of AVMs, Confidence Isn’t OverratedThe "Confidence Scores" provided with most AVMs are not standardized, but they are a very effective guideline estimating the accuracy and precision of AVM value estimates.« Back to Glossary Index