The tool supports interface of Foresight Analytics Platform 9 or earlier.
Models series value by the Grey Forecast method. It is included in the Forecasting group.
As opposed to the traditional statistics methods of time series analysis that impose strict limitations on the linear model, the Grey Forecast method is suitable for forecasting behavior of non-linear time series. This method is a non-statistical forecast method and is most effective when the number of observations is insufficient.
After the method is applied, in the workbook, based on each selected series a calculated series with a name of the Grey Forecast (<Series_Name>) type is created, containing calculation results. For example:
See also:
Working with Calculated Series | Modeling Container: Specification of Grey Forecast | Model GM(1,1)(Grey Forecast) | IModelling.Greyforecast