So one of the reasons I kept this example relatively simple is that I really want you to test your own
ideas out for yourself.
You might be wondering what if I added in different features like prices of other stocks or foreign
exchange or even the weather, or maybe adding different features is useless and it's better to only
have the Target Time series.
What if you would use auto or hyper parameter optimization?
Will that improve your results?
These are all excellent questions to answer using what you've learned.
Basically, the number of experiments you can do is combinatorial.
This section was focused on showing you how to use the US forecast service so that you know how it works
using almost the simplest example possible.
The simplest example would be a one time series with no additional features, but I thought it would
be useful to include the related Time series as well.
So you can see how it works.
So the exercise for this section is this first and foremost, if you have any questions about what if
I tried this or what if I tried that, then the answer is, as always, to actually do it.
The only way you will know how something will perform is if you actually try it and look at the output.
If you have a favorite time series that you would like to forecast and you think an industrial strength
enterprise solution like a US forecast will help give that a try.
I also encourage you to extend the example we did in various ways, as mentioned, the possibilities
are really combinatorial, but here are some ideas.
No.
One, try multiple stock tickers at once.
As you recall, we only use the S&P 500.
It would be interesting to see whether performance improves when we learn from several stock price time
series instead of just one.
No, to try the same example with stock returns instead of stock prices.
Well, stationery help number three, try hourly data instead of daily data, see if more granularity
helps improve accuracy.
Number four, try exogenous data.
For example, use another API to grab news headlines or Twitter feeds and maybe perform sentiment analysis
as well.
OK, so I hope this gave you some ideas for what you might want to try in order to complete this exercise.
Really, the goal is to use this for something which you are interested in.
So if you have any burning questions or ideas you think might work.
Now is the time to test them out.