Evaluation on Forecasting Algorithms of Time Series
Rongling Lang, Yongle Lv, Qunfa Cui · 2009
Time series forecasting exists in a lot of fields, and many forecasting algorithms were proposed at present. How to evaluate forecasting algorithm is requested in algorithm analysis. The techniques of evaluation of forecasting are studied here, and a novel measure, relative degree of association, is also proposed to evaluate forecasting algorithm. Some experimental results using these measures give performances of these measures in evaluating forecasting algorithms.