Mixing
Metrics for seasonal time series forecasting accuracy
$begingroup$
A time series $Y={1,0,1,0,1,0,1,0} $ is forecasted using two different algorithms. The results are
$A={0,1,0,1,0,1,0,1} $ and $ B={0,0,0,0,1,1,1,1}$. While my application would perform much better when applying forecast A since they are almost identical, the metrics I've looked into to measure forecast accuracy (MAE, RMSE) would rank the accuracy of forecast B higher.
Question: Is there a metric that would, so to speak, include the shift between values?
time-series
asked Jan 30 at 10:33
cheesuscheesus
296
$endgroup$
add a comment |
$begingroup$
A time series $Y={1,0,1,0,1,0,1,0} $ is forecasted using two different algorithms. The results are
$A={0,1,0,1,0,1,0,1} $ and $ B={0,0,0,0,1,1,1,1}$. While my application would perform much better when applying forecast A since they are almost identical, the metrics I've looked into to measure forecast accuracy (MAE, RMSE) would rank the accuracy of forecast B higher.
Question: Is there a metric that would, so to speak, include the shift between values?
time-series
asked Jan 30 at 10:33
cheesuscheesus
296
$endgroup$
add a comment |
$begingroup$
A time series $Y={1,0,1,0,1,0,1,0} $ is forecasted using two different algorithms. The results are
$A={0,1,0,1,0,1,0,1} $ and $ B={0,0,0,0,1,1,1,1}$. While my application would perform much better when applying forecast A since they are almost identical, the metrics I've looked into to measure forecast accuracy (MAE, RMSE) would rank the accuracy of forecast B higher.
Question: Is there a metric that would, so to speak, include the shift between values?
time-series
asked Jan 30 at 10:33
cheesuscheesus
296
$endgroup$
A time series $Y={1,0,1,0,1,0,1,0} $ is forecasted using two different algorithms. The results are
$A={0,1,0,1,0,1,0,1} $ and $ B={0,0,0,0,1,1,1,1}$. While my application would perform much better when applying forecast A since they are almost identical, the metrics I've looked into to measure forecast accuracy (MAE, RMSE) would rank the accuracy of forecast B higher.
Question: Is there a metric that would, so to speak, include the shift between values?
time-series
time-series
asked Jan 30 at 10:33
cheesuscheesus
296
asked Jan 30 at 10:33
cheesuscheesus
296
asked Jan 30 at 10:33
cheesuscheesus
296
asked Jan 30 at 10:33
cheesuscheesus
296
asked Jan 30 at 10:33
cheesuscheesus
296
296
add a comment |
add a comment |
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