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Forecast with the Adanic Method

 Abstract

In the present study, we expose a new technique of quantitative forecast called Adanique. First of its kind, because it wants to be a newcomer in the classic prediction methods known until today. Generally divided into two, in this case statistical methods (endogenous approach) and econometric methods using a purely exogenous approach. The new so-called adanic forecasting technique uses this double principle to allow a new forecasting approach. The approach of the adanic method and its demonstration on the scientific values are spread out in the sections below.

Keywords: Forecasting, Econometrics, Statistics and Adanic


Conclusion

The adanic forecasting method is both based on the ethical principle of statistical and econometric forecasting. The future estimation of the values of a chronicle indirectly by explanatory variables is the main part of the econometric forecast. With regard to statistics, we are satisfied only with the historical values of the series in question. As a result, indirect and direct prediction is the principle of adanic forecasting. Experience has shown that the result is positive because it has shown a retractability of historical and observed values of the series over the years. On the other hand, it should be recalled that the forecasting indicator did not prove very favorable to adanic forecasting. It must not be thought that there is a magnitude whose reliability is absolute, because the future behavior of a series is primarily random and not deterministic. Can it be that the average of three methods or two methods is also an option for predicting a given magnitude?


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Abdi-Basid ADAN


The Abdi-Basid Courses Institute

The Abdi-Basid Courses Institute