David Menninger's Analyst Perspectives

NOVEMBER 7, 2024

AI is also making it easier for executives and managers to rapidly forecast, plan and analyze to promote deeper situational awareness and facilitate better-informed decision-making. It will do so by substantially reducing the time spent on the purely mechanical aspects of day-to-day tasks. This may sound like FP&A’s mission today.

Forecasting 130

Forecasting Machine Learning Finance Predictive Analytics 130

Domino Data Lab

SEPTEMBER 25, 2019

We see it when working with log data, financial data, transactional data, and when measuring anything in a real engineering system. Fortunately, the forecast package has a number of functions to make working with time series data easier, including determining the optimal number of diffs. > library(forecast). 2007-01-04 34.50

Forecasting 87

Forecasting Modeling Statistics Optimization 87

FineReport

APRIL 20, 2020

SAP acquired Crystal Reports in 2007. Compared to reporting tools, they can realize data forecast thanks to OLAP analysis and data mining technologies. Crystal Report uses an accurate measurement. It requires setting the size of the form control by measuring the size of the invoice in advance, which is inefficient.

Reporting 84

Reporting OLAP Dashboards Data mining 84

Octopai

JUNE 21, 2021

If Basel IV defines how to measure credit and operational risk for the purposes of capital reserve requirements, FRTB defines how to measure market risk for the same purpose. Forecasting simulated profits and losses using their model’s calculated capital reserves .

Risk 52

Risk Measurement Modeling Reporting 52

The Unofficial Google Data Science Blog

APRIL 19, 2021

To explain, let’s borrow a quote from Nate Silver’s The Signal and the Noise : One of the most important tests of a forecast — I would argue that it is the single most important one — is called calibration. If, over the long run, it really did rain about 40 percent of the time, that means your forecasts were well calibrated.

Modeling 122

Modeling IT Metrics Testing 122

Occam's Razor

FEBRUARY 7, 2011

The best option is to hire a statistician with experience in data modeling and forecasting. Brian Krick: Best way to measure and communicate "available demand" from available channels (social, search, display) for forecast modeling. Additionally, it is exceptionally difficult to measure available demand because 1.

Analytics 94

Analytics Measurement Metrics Predictive Analytics 94

Domino Data Lab

FEBRUARY 4, 2019

The ability to measure results (risk-reducing evidence). Without delving into economic forecast techniques such as J curves, GPTs, etc., Frédéric Kaplan, Pierre-Yves Oudeyer (2007). As the article explains, data science is set apart from other business functions by two fundamental aspects: Relatively low costs for exploration.

Data Science 66

Data Science Experimentation Machine Learning Data-driven 66