Calculate forecast statistics from model solution?

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tzink
Posts: 28
Joined: Mon Oct 29, 2012 4:55 pm

Calculate forecast statistics from model solution?

Postby tzink » Wed Jan 16, 2013 11:49 pm

When you forecast an equation in Eviews, you can see forecast statistics such as RMSE and Thiel's U. Since model solutions are just forecast reduced form equations, is it possible to get these statistics for each endogenous forecast in a model forecast?

EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
Posts: 11813
Joined: Tue Sep 16, 2008 5:38 pm

Re: Calculate forecast statistics from model solution?

Postby EViews Gareth » Thu Jan 17, 2013 8:47 am

There are individual functions that will calculate the RMSE, Theil, etc... for two given series. Just plug in the actual and forecast series into the functions.

Code: Select all

=@RMSE(y, y_0)
=@THEIL(y, y_0)
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