VAR forecast performance
Posted: 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!
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!