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Forecasting with Exp Smoothing Models

Posted: Thu Apr 22, 2010 9:52 pm
by bcdm3w
Hello! I have quarterly data for 2004-2008 and I have to forecast 2009 Q1-Q4. I am supposed to use Winter's Multiplicative and Additive Seasonality.

I was able to get those results, but whenever I run it again, I can't seem to get values/forecasts for 2009. I saw a topic on this problem somewhere on this forum and I did everything it asked, and included 2009 Q1, 2009 Q2, 2009 Q3, and 2009 Q4 dates. I re-ran it, and I still get 'NA' next to the observations.

I have attached it in case it helps.

Thank you so much.

Re: Forecasting with Exp Smoothing Models

Posted: Fri Apr 23, 2010 8:11 am
by EViews Gareth
Make sure you do the smoothing, using an estimation period that ends in 2008:4. Then it will forecast all the periods after that time.

Re: Forecasting with Exp Smoothing Models

Posted: Sat Apr 24, 2010 9:17 am
by bcdm3w
I tried this but I still keep getting NA. :(

Re: Forecasting with Exp Smoothing Models

Posted: Sat Apr 24, 2010 11:28 am
by EViews Gareth
See steps below:
ES1.png
Step 1
ES1.png (151.74 KiB) Viewed 4900 times
ES2.png
Step 2
ES2.png (138.95 KiB) Viewed 4898 times
ES3.png
Step 3
ES3.png (130.93 KiB) Viewed 4898 times

Re: Forecasting with Exp Smoothing Models

Posted: Sat Apr 24, 2010 5:12 pm
by bcdm3w
I have the student version, and when I typethat code in, it says, "@MAE is an illegal or reserved name" :(. Does it matter that I have Eviews 6 and not 7?

Image

Thank you so much for your help! I really appreciate you taking the time to respond.

Re: Forecasting with Exp Smoothing Models

Posted: Sat Apr 24, 2010 6:32 pm
by EViews Gareth
@MAE was introduced in EViews 7.