2 ms·
Simple Seasonal Naive: faster and more accurate than Prophet and NeuralProphet
- maxmc 4y agoImagine you want to forecast the next day of electricity load. We ran the test with PJM data. Results: SeasonalNaive is 20% more accurate than NeuralProphet and 366 times faster. StatsForecast's MSTL is 24% more accurate than NeuralProphet and 11 times faster. SeasonalNaive is 23% more accurate than Prophet and 75 times faster. StatsForecast's MSTL is 26% more accurate than Prophet and 2 times faster.