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forecastEval

forecastEval is an open-source Python library that provides a lightweight and unified framework for rigorous evaluation of time-series forecasts.

The library is designed to address common shortcomings in forecasting practice, including insufficient baseline comparison, over-reliance on aggregated error metrics, and lack of statistical validation of performance differences.


Key Features

  • Baseline-aware evaluation

    • Automatic comparison against persistence (naïve) and seasonal naïve baselines
    • Mean Absolute Scaled Error (MASE) and skill scores for interpretable performance assessment
  • Horizon-stratified analysis

    • User-defined forecast horizon windows
    • Detection of horizon-dependent performance degradation
  • Statistical validation

    • Diebold–Mariano test for forecast comparison
    • Autocorrelation-adjusted variance estimation
  • Interpretative reporting

    • Clear PASS / FAIL recommendations for model deployment
    • Human-readable console summaries
  • Interactive HTML reports

    • Collapsible sections, visual summaries, and horizon-wise breakdowns

Installation

pip install forecastEval

Metadata

Release files for forecastEval 0.2.4

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Source distribution for forecastEval 0.2.4
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Table of built distributions (wheels) for forecastEval 0.2.4
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forecasteval-0.2.4-py3-none-any.whl Python 3 none any Details for forecasteval-0.2.4-py3-none-any.whl

Total release size: 55.3 kB

Release files / forecasteval-0.2.4.tar.gz

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