Forecasting (13): Holt's trend method forecast (double exponential smoothing)

→Forecasting course: researchhub.org/course/foreca...
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This video explains the concept of Holt's trend method for forecasting and demonstrates an example using excel.
#holtTrend #trend #forecasting #researchHUB #excel
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Published paper using forecasting methods:
(1) ARIMA and NNAR: www.mdpi.com/1911-8074/12/2/103
(2) ARIMA, VAR and ANN: doi.org/10.1057/s41278-020-00...
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Пікірлер: 26

  • @marcinkoczot2059
    @marcinkoczot20599 ай бұрын

    Amazing video! Thank you

  • @jussirihto2351
    @jussirihto23514 жыл бұрын

    very helpful again, cheers!

  • @RESEARCHHUB

    @RESEARCHHUB

    4 жыл бұрын

    Glad to hear it!

  • @uwenolte8578
    @uwenolte85784 жыл бұрын

    Thanks very much for the great example. The only one I had found alread. Just one point. I do not get it, why you input the value for the forecast yt+1 for period march 1996 into cell I7 instead of I6. By including the time parameter t+1 it is already clear, that the forecast is for the next period. Any you also want to make sure, that the forecast for march 1996 is made in february 1996. By putting it into a cell below, you waste one forecast at the end. Also I did use the software xlstat and it also did it one cell above.

  • @thagoonlprusiriyodlpru4174
    @thagoonlprusiriyodlpru41742 жыл бұрын

    thank you so much

  • @freedomqwaszx1872
    @freedomqwaszx18723 жыл бұрын

    it's easy to understand at the beginning, but starting from 11'15" I got lost. Why just simply put 1 to 6 to calculate future forecast, any explanation or theory behind that?

  • @joonamikkola7800
    @joonamikkola78004 жыл бұрын

    Thanks for a great lecture!

  • @RESEARCHHUB

    @RESEARCHHUB

    4 жыл бұрын

    Glad you enjoyed it!

  • @pskaratzas6788
    @pskaratzas67882 жыл бұрын

    Great videos and very helpful! Which forecast methods do we use when we have seasonality??

  • @RESEARCHHUB

    @RESEARCHHUB

    2 жыл бұрын

    holt-winters, see kzread.info/dash/bejne/p4B8sciep66fp8Y.html

  • @mewalkwithyou7475
    @mewalkwithyou74753 жыл бұрын

    thankyou but what if the last Tt's value is negative? I tried to forecast using holt but because of negative Tt's value my forecast value is decreasing.

  • @RESEARCHHUB

    @RESEARCHHUB

    3 жыл бұрын

    have you tried any other method for example HW or regression? maybe HT is not the most appropriate method for your data?

  • @navketan1965
    @navketan1965 Жыл бұрын

    Sir, If I am doing double exponential smoothing 5 period moving average with a software program--after 5 period exponential moving average is calculated say (X) does computer do second calculation with data X and (X-t1) (X-t2) (X-t3) (X-t4)- - - - forgive me,I went to college 50 years ago..(X-t1) is exponential moving average one period prior & so on.

  • @abhinayrec
    @abhinayrec4 жыл бұрын

    What is out sample forecast? Why July didn't use June values?

  • @RESEARCHHUB

    @RESEARCHHUB

    4 жыл бұрын

    Please see kzread.info/dash/bejne/Y2p9rdWFnL2pnLw.html

  • @AjitKumarSahi
    @AjitKumarSahiАй бұрын

    can i get ppt used and excel sheet computation done

  • @likhitanalam8395
    @likhitanalam83952 ай бұрын

    Thankyou for the explanation, what if forecasts comes negative and how could we verify whether this model for our data is correct or not?

  • @RESEARCHHUB

    @RESEARCHHUB

    2 ай бұрын

    What kind of data are you forecasting?

  • @arinasabilarosyida7115
    @arinasabilarosyida71152 ай бұрын

    so, how to forecast for the next period? example Jan 2000

  • @upamanyudixit8298
    @upamanyudixit82985 ай бұрын

    Can you increase the Volume please.

  • @TerryBowl
    @TerryBowl10 ай бұрын

    Acadamic grade!

  • @durgasthan
    @durgasthan3 жыл бұрын

    The problem with that is the Forecast Horizon calculation where to get Forecast for future you are just multiplying with forecast horizon number

  • @RESEARCHHUB

    @RESEARCHHUB

    3 жыл бұрын

    This is not a problem at all. There are different approaches to forecasting, and this is one of them.

  • @user-wh4ke3rd5u

    @user-wh4ke3rd5u

    Жыл бұрын

    @@RESEARCHHUB I have a question: In double exponential smoothing, the sum of alpha and beta must= one, or not necessary?

  • @manishv9816
    @manishv9816 Жыл бұрын

    0:20 TT hahahahaa

  • @jamiesmandarin9792
    @jamiesmandarin97923 жыл бұрын

    This is confusing, more background knowledge please and use a typing instead of writing pen, can't read.