After the creation of ADAM: smooth v3.1.0

Since the previous post on “The Creation of ADAM“, I had difficulties finding time to code anything, but I still managed to fix some bugs, implement a couple of features and make changes, important enough to call the next version of package smooth “3.1.0”. Here is what’s new: A new algorithm for ARIMA order selection […]

Forecasting method vs forecasting model: what’s difference?

If you work in the field of statistics, analytics, data science or forecasting, then you probably have already noticed that some of the instruments that are used in your field are called “methods”, while the others are called “models”. The issue here is that the people, using these terms, usually know the distinction between them, […]

Forecasting for the sake of forecasting

You probably have already noticed that we are in a pandemic of COVID-19 these days (breaking news: the UK has just announced a lockdown due to the virus). The number of news, memes and noise on the topic coming from around the world is astonishing! What is also astonishing is the number of posts on […]

M-competitions, from M4 to M5: reservations and expectations

Some of you might have noticed that the guidelines for the M5 competition have finally been released. Those of you who have previously visited this blog, might know my scepticism about the M4 competition. So, I’ve decided to write this small post, outlining my reservations about the M4 and my thoughts and expectations about the […]