Information criterion-based systems and methods for constructing combining weights for multimodel forecasting and prediction
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United States of America Patent
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Feb 12, 2013
Grant Date -
Dec 24, 2009
app pub date -
Jun 20, 2008
filing date -
Jun 20, 2008
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Abstract
Systems and methods are provided for a computer-implemented method for automatically generating a weighted average forecast model that includes receiving a plurality of forecasting models and time series data. At least one parameter of each of the received forecasting models is optimized utilizing the received time series data. A weighting factor is generated for each of the plurality of optimized forecasting models utilizing an information criteria value indicating fit quality of each of the optimized forecasting models, and the generated weighting factors are stored.
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