Table 6 Out of sample test: forecasting... | Emerald Publishing

Table 6

Out of sample test: forecasting results by data length (HMM)

Data length	MAPE
	Forecast horizon (week)
	1	2	3	4	Average (2 and 3 week)
24-month (730 days)	17.82	36.18	6.93	10.21	21.56
12-month (365 days)	14.36	11.48	10.65	10.50	11.07
6-month (182 days)	12.41	11.89	11.04	14.33	11.46
3-month (84 days)	9.58	12.30	8.50	19.45	10.40
2-month (56 days)	10.34	19.08	14.66	10.48	16.87
1-month (28 days)	16.94	13.72	22.06	13.68	17.89

Data length	MAPE
	Forecast horizon (week)
	1	2	3	4	Average (2 and 3 week)
24-month (730 days)	17.82	36.18	6.93	10.21	21.56
12-month (365 days)	14.36	11.48	10.65	10.50	11.07
6-month (182 days)	12.41	11.89	11.04	14.33	11.46
3-month (84 days)	9.58	12.30	8.50	19.45	10.40
2-month (56 days)	10.34	19.08	14.66	10.48	16.87
1-month (28 days)	16.94	13.72	22.06	13.68	17.89

Source(s): Authors’ own work