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Alteryx Designer Desktop Discussions

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ARIMA model Customize

RAMN
8 - Asteroid

Hi Community,

 

Can someone help me with 'Allow Drift' option available in ARIMA forecasting model. What exactly that option does in the model ?

 

Thanks,

Ramn

2 REPLIES 2
CharlieS
17 - Castor
17 - Castor

Hi @RAMN 

 

The Alteryx documentation on the ARIMA tool includes a link to documentation on the modeling methods used in the tool:

 

A detailed discussion of the ARIMA model, along with a description of the automated methods used in this tool, can be found in Chapter 8 of Hyndman and Athanasopoulos's online book Forecasting: Principals and Practice.


Section 3.1 of that material provides more information on the drift method including an explanation and examples. 

https://otexts.com/fpp2/simple-methods.html 

 

20201014-ARIMA_Drift1.PNG20201014-ARIMA_Drift2.PNG

 

ArtApa
Alteryx
Alteryx

Hi @RAMN - In addition to the above very comprehensive answer you may want to watch the the time series training and learn about the ARIMA tool configuration options: https://community.alteryx.com/t5/Interactive-Lessons/ETS-and-ARIMA/ta-p/610376

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