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Why the damped trend works

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Presentation on theme: "Why the damped trend works"— Presentation transcript:

1 Why the damped trend works
Everette S. Gardner, Jr.

2 Why the damped trend works
The empirical performance of the damped trend is due to its flexibility Optimal parameters are often found at the boundaries of the usual [0, 1] interval. Such parameters define numerous special cases: Three versions of SES - no drift, fixed drift, and damped drift Three versions of the random walk - no drift, fixed drift, and damped drift Holt’s method Various ARIMA models Deterministic trends

3 The damped trend method

4 Special cases of the damped trend

5 Special cases of the damped trend found in the M3 competition series
Proportion of series


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