Sign in
Prediction-based adaptive compositional model for seasonal time series analysis
Journal article   Peer reviewed

Prediction-based adaptive compositional model for seasonal time series analysis

Kun Chang, Rong Chen and Thomas B. Fomby
Journal of forecasting, Vol.36(7), pp.842-853
11/01/2017

Abstract

Business & Economics Economics Management Social Sciences
In this paper we propose a new class of seasonal time series models, based on a stable seasonal composition assumption. With the objective of forecasting the sum of the next observations, the concept of rolling season is adopted and a structure of rolling conditional distributions is formulated. The probabilistic properties, estimation and prediction procedures, and the forecasting performance of the model are studied and demonstrated with simulations and real examples.

Metrics

33 Record Views

Details