VAR forecast performance

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selin1000
Posts: 40
Joined: Tue Mar 06, 2012 1:56 pm

VAR forecast performance

Postby selin1000 » Thu Mar 28, 2013 8:46 am

Hi everyone!

I am stuck again in Eviews and will appreciate your help a ton. I am doing forecasts in VAR manually (i.e. make model & solve) but then I would like to compute the normalized means squared error (NMSE), mean absolute error (MAE) and mean absolute percentage error (MAPE). I compute the root mean squared errors with @rmse function. How can I compute these values manually?

Thank you!
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EViews Gareth
Fe ddaethom, fe welon, fe amcangyfrifon
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Joined: Tue Sep 16, 2008 5:38 pm

Re: VAR forecast performance

Postby EViews Gareth » Thu Mar 28, 2013 8:47 am

There's an @mae and @mape function too...
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selin1000
Posts: 40
Joined: Tue Mar 06, 2012 1:56 pm

Re: VAR forecast performance

Postby selin1000 » Thu Mar 28, 2013 9:12 am

Thank you! This was SO HELPFUL! :))
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