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We examine the problem of making reconciled forecasts of large collections of related time series through a behavioural/Bayesian lens. Our approach explicitly acknowledges and exploits the 'connectedness' of the series in terms of…

统计方法学 · 统计学 2022-10-03 Ross Hollyman , Fotios Petropoulos , Michael E. Tipping

Hierarchical forecasting is a key problem in many practical multivariate forecasting applications - the goal is to simultaneously predict a large number of correlated time series that are arranged in a pre-specified aggregation hierarchy.…

机器学习 · 计算机科学 2021-10-13 Biswajit Paria , Rajat Sen , Amr Ahmed , Abhimanyu Das

In this paper, we propose a machine learning approach for forecasting hierarchical time series. When dealing with hierarchical time series, apart from generating accurate forecasts, one needs to select a suitable method for producing…

机器学习 · 计算机科学 2021-07-12 Paolo Mancuso , Veronica Piccialli , Antonio M. Sudoso

An important task for any large-scale organization is to prepare forecasts of key performance metrics. Often these organizations are structured in a hierarchical manner and for operational reasons, projections of these metrics may have been…

应用统计 · 统计学 2017-11-15 Julie Novak , Scott McGarvie , Beatriz Etchegaray Garcia

Large collections of time series data are often organized into hierarchies with different levels of aggregation; examples include product and geographical groupings. Probabilistic coherent forecasting is tasked to produce forecasts…

Model selection has been proven an effective strategy for improving accuracy in time series forecasting applications. However, when dealing with hierarchical time series, apart from selecting the most appropriate forecasting model,…

机器学习 · 计算机科学 2020-10-30 Mahdi Abolghasemi , Rob J Hyndman , Evangelos Spiliotis , Christoph Bergmeir

This paper focuses on forecasting hierarchical time-series data, where each higher-level observation equals the sum of its corresponding lower-level time series. In such contexts, the forecast values should be coherent, meaning that the…

A novel framework for hierarchical forecast updating is presented, addressing a critical gap in the forecasting literature. By assuming a temporal hierarchy structure, the innovative approach extends hierarchical forecast reconciliation to…

统计方法学 · 统计学 2024-11-05 Lukas Neubauer , Peter Filzmoser

Hierarchical forecasting methods have been widely used to support aligned decision-making by providing coherent forecasts at different aggregation levels. Traditional hierarchical forecasting approaches, such as the bottom-up and top-down…

Some time series can be hierarchically organized into levels based on certain characteristics, such as geography or other attributes of interest. These series are referred to as hierarchical time series. Typically, forecasts are generated…

Many real-life applications involve simultaneously forecasting multiple time series that are hierarchically related via aggregation or disaggregation operations. For instance, commercial organizations often want to forecast inventories…

机器学习 · 计算机科学 2021-02-26 Xing Han , Sambarta Dasgupta , Joydeep Ghosh

Probabilistic, hierarchically coherent forecasting is a key problem in many practical forecasting applications -- the goal is to obtain coherent probabilistic predictions for a large number of time series arranged in a pre-specified tree…

机器学习 · 计算机科学 2023-03-02 Abhimanyu Das , Weihao Kong , Biswajit Paria , Rajat Sen

Time-series is ubiquitous across applications, such as transportation, finance and healthcare. Time-series is often influenced by external factors, especially in the form of asynchronous events, making forecasting difficult. However,…

机器学习 · 计算机科学 2021-02-02 Longyuan Li , Jihai Zhang , Junchi Yan , Yaohui Jin , Yunhao Zhang , Yanjie Duan , Guangjian Tian

We propose a novel approach to the problem of clustering hierarchically aggregated time-series data, which has remained an understudied problem though it has several commercial applications. We first group time series at each aggregated…

机器学习 · 计算机科学 2022-05-30 Xing Han , Tongzheng Ren , Jing Hu , Joydeep Ghosh , Nhat Ho

A time series forecasting model--which is typically built on a single time series--is known as a local time series model (tsLM). In contrast, a forecasting model trained on multiple time series is referred to as a global time series model…

机器学习 · 计算机科学 2025-11-10 Junru Ren , Shaomin Wu

We encounter time series data in many domains such as finance, physics, business, and weather. One of the main tasks of time series analysis, one that helps to take informed decisions under uncertainty, is forecasting. Time series are often…

人工智能 · 计算机科学 2023-08-29 Gal Elgavish

Multivariate time series forecasting with hierarchical structure is pervasive in real-world applications, demanding not only predicting each level of the hierarchy, but also reconciling all forecasts to ensure coherency, i.e., the forecasts…

机器学习 · 计算机科学 2025-03-04 Shiyu Wang , Fan Zhou , Yinbo Sun , Lintao Ma , James Zhang , Yangfei Zheng

Large collections of time series data are commonly organized into structures with different levels of aggregation; examples include product and geographical groupings. It is often important to ensure that the forecasts are coherent so that…

Hierarchical forecasting with intermittent time series is a challenge in both research and empirical studies. Extensive research focuses on improving the accuracy of each hierarchy, especially the intermittent time series at bottom levels.…

机器学习 · 统计学 2022-02-22 Matthias Anderer , Feng Li

The rapid development of time series forecasting research has brought many deep learning-based modules in this field. However, despite the increasing amount of new forecasting architectures, it is still unclear if we have leveraged the full…

机器学习 · 计算机科学 2025-10-24 Difan Deng , Marius Lindauer
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