A new research paper shows the approach performs significantly better than the random-walk forecasting method.

Forecasting inflation has become a major challenge for central banks since 2020, due to supply chain disruptions and economic uncertainty post-pandemic. Machine learning models can improve forecasting ...

Picture a single forecasting mistake triggering a cascade of negative consequences, such as surplus inventory, strained supplier relationships and disappointed customers. In today's world, accurate ...

Rainfall prediction has advanced rapidly with the adoption of machine learning, but most models remain optimized for overall ...

Recent advances in forecasting demand within emergency departments (EDs) have been bolstered by the integration of machine learning and time series analytical techniques. The objective of these ...

Researchers in China have applied a machine learning technology based on temporal convolutional networks in PV power forecasting for the first time. The new model reportedly outperforms similar models ...

Ph.D. student Phillip Si and Assistant Professor Peng Chen developed Latent-EnSF, a technique that improves how ML models assimilate data to make predictions.

This study was led by Professor Qi Zhong and Professor Xiuping Yao from the China Meteorological Administration Training Center, and Assistant Engineer Zhicha Zhang from the Zhejiang Meteorological ...

A recent study, “Picking Winners in Factorland: A Machine Learning Approach to Predicting Factor Returns,” set out to answer a critical question: Can machine learning techniques improve the prediction ...

As climate extremes intensify across Africa, the need for accurate and timely weather prediction has become increasingly ...

One of the unwritten axioms of data scientists specializing in machine learning methodologies is that they all try their hand at predicting the stock market. Some of the best attempts have turned a ...