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Can we use FORECAST_ETS function for holt & holtwinter forcasting?

  • 31 July 2023
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hi all

Can we use FORECAST_ETS function for holt and holtwinter forcasting calculation?

if yes than How?

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Best answer by Keiran 2 August 2023, 12:25

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Userlevel 5
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Hi Abhilashawla,

 

The FORECAST_ETS function in Pigment is used to forecast time series with seasonality using an additive model. This function is based on the Holt-Winters model, a statistical algorithm for time series forecasting.

 

As such you can use FORECAST_ETS to achieve your goal.

 

We have more guidance here: FORECAST_ETS function | Community (gopigment.com)

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