Out of sample test: forecasting results by data length (HW)
| Data length | MAPE | ||||
|---|---|---|---|---|---|
| Forecast horizon (week) | |||||
| 1 | 2 | 3 | 4 | Average (2 and 3 week) | |
| 24-month (730 days) | 13.54 | 13.85 | 13.50 | 13.69 | 13.68 |
| 12-month (365 days) | 13.82 | 14.28 | 13.95 | 14.05 | 14.12 |
| 6-month (182 days) | 13.94 | 14.23 | 13.99 | 14.08 | 14.11 |
| 3-month (84 days) | 13.06 | 12.11 | 11.65 | 12.58 | 11.88 |
| 2-month (56 days) | 16.44 | 16.58 | 17.24 | 16.51 | 16.91 |
| 1-month (28 days) | 18.18 | 18.35 | 20.53 | 18.27 | 19.44 |
| Data length | MAPE | ||||
|---|---|---|---|---|---|
| Forecast horizon (week) | |||||
| 1 | 2 | 3 | 4 | Average (2 and 3 week) | |
| 24-month (730 days) | 13.54 | 13.85 | 13.50 | 13.69 | 13.68 |
| 12-month (365 days) | 13.82 | 14.28 | 13.95 | 14.05 | 14.12 |
| 6-month (182 days) | 13.94 | 14.23 | 13.99 | 14.08 | 14.11 |
| 3-month (84 days) | 13.06 | 12.58 | |||
| 2-month (56 days) | 16.44 | 16.58 | 17.24 | 16.51 | 16.91 |
| 1-month (28 days) | 18.18 | 18.35 | 20.53 | 18.27 | 19.44 |
Source(s): Yoo et al. (2022)
Sharing content requires targeting cookies to be enabled. Please update your cookie preferences to use this feature.