Story Published at: December 1, 2022 at 04:29PM
Statistical vs. Deep Learning forecasting methods
Show HN: Exp. Smoothing is 32% more accurate and 100x faster than Neural-Prophet
We benchmarked on more than 55K series and show that ETS improves MAPE and sMAPE forecast accuracy by 32% and 19%, respectively, with 104x less computational time over NeuralProphet. We hope this exercise helps the forecast community avoid adopting yet another overpromising and unproven forecasting method. Story Published at: August 17, 2022 at 08:33PM