AUTO ARIMA Forecast
Auto ARIMA Forecast function typically refers to using an automatically tuned ARIMA model to predict future values in a time series. Auto ARIMA automates the process of selecting the best ARIMA model by identifying the optimal values for the parameters p (AutoRegressive order), d (Differencing order), and q (Moving Average order). The result is a forecast model that predicts future values based on historical data.
AUTO ARIMA Parameters
| Param Name | Param Description | Default Value |
|---|---|---|
MaxAROrder max.p |
Maximum AR order (p) | 5 |
MaxMAOrder max.q |
Maximum MA order (q) | 5 |
MaxDegreeofDifferencingmax.d |
Maximum order of d | 2 |