HPSmoothingParameterModeType

Description

The HPSmoothingParameterModeType enumeration lists methods of defining smoothing parameters for Hodrick-Prescott filter.

It is used by the following properties and methods:

• IMsHodrickPrescottFilterTransform.SmoothingParameterMode

• ISmHodrickPrescottFilter.SmoothingParameterMode.

Available Values

	Value	Brief description
	0	EditDirectly. Smoothing parameter is determined by Lambda value.
	1	SetByFrequencyRule. Smoothing parameter is determined by power value.

Comments

Smoothing parameter controls measure of series smoothness. The greater is the parameter value, the smoother is the series. If the smoothing parameter value tends to infinity, the series transforms into a linear trend.

See also:

Stat Assembly Enumerations