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Metrics for forecasting assessment, where N is the size of the series, targetj is the real value at period j, outputj is the forecasting at period j and target¯ is the mean of the series.

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posted on 28.09.2015, 03:21 authored by Paulo S. G. de Mattos Neto, George D. C. Cavalcanti, Francisco Madeiro, Tiago A. E. Ferreira

In the column θ: ↑ means the higher the value of metric the better is the forecasting, and ↓ means the lower the value of metric the better is the forecasting.

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