Table 4.
Comparison of BeCaked and top-tier forecasting-specialized methods at country level with 1-step forecast.
| BeCaked | ARIMA | Ridge | LASSO | SVR | DTR | RFR | GBR | |
|---|---|---|---|---|---|---|---|---|
| Australia | ||||||||
| 0.99112 | 0.98329 | 0.99337 | 0.98342 | 0.96787 | 0.98299 | |||
| MAPE | 0.04703 | 0.10236 | 0, 04078 | 0.85609 | 0.10204 | 0.14942 | 0.10344 | |
| Italy | ||||||||
| 0.94660 | 0.92646 | 0.88220 | 0.94889 | 0.90082 | 0.94876 | |||
| MAPE | 0.00496 | 0.01655 | 0.05999 | 0.93214 | 0.01684 | 0.02570 | 0.02165 | |
| Russia | ||||||||
| 0.92922 | 0.91663 | 0.92367 | 0.91643 | 0.87353 | 0.91854 | |||
| MAPE | 0.02856 | 0, 00007 | 0.00938 | 0.77448 | 0.02851 | 0.04442 | 0.02938 | |
| Spain | ||||||||
| 0.97214 | 0.98591 | 0.98362 | 0.97212 | 0.94968 | 0.97053 | |||
| MAPE | 0.01418 | 0.00325 | 0.01881 | 0.74045 | 0.01406 | 0.02173 | 0.01522 | |
| United Kingdom | ||||||||
| 0.98713 | 0.99764 | 0.96375 | 0.98748 | 0.96991 | 0.98463 | |||
| MAPE | 0.00030 | 0.00255 | 0.00437 | 0.52586 | 0.00249 | 0.00397 | 0.00282 | |
| United States | ||||||||
| 0.98676 | 0.99648 | 0.99461 | 0.98676 | 0.96834 | 0.98633 | |||
| MAPE | 0.00552 | 0.02644 | 0.00069 | 0.62264 | 0.02642 | 0.04185 | 0.02687 | |
Best results are in [bold].