TY - JOUR T1 - Ata method’s performance in the M4 competition AU - Çapar, Sedat AU - Taylan Selamlar, Hanife AU - Yavuz, İdil AU - Taylan, Ali Sabri AU - Yapar, Güçkan PY - 2023 DA - February DO - 10.15672/hujms.1018362 JF - Hacettepe Journal of Mathematics and Statistics PB - Hacettepe University WT - DergiPark SN - 2651-477X SP - 268 EP - 276 VL - 52 IS - 1 LA - en AB - Like the previous M competitions, M4 competition resulted in great contributions to the field of forecasting. Ata method which is a new forecasting method alternative to exponential smoothing, competed in this competition with five different models. The results obtained from these five models are discussed in detail in this paper. According to various error metrics, the models perform better than their exponential smoothing based counters. Despite their simplicity, they are ranked satisfactorily high compared to the other methods. In addition, the forecasting accuracy of simple combinations of these Ata models and ARIMA are given for the M4 competition data set. The combinations work significantly better than models that are much more complex. Therefore, besides the fact that Ata models perform well alone, Ata should be considered as a candidate for being included in combinations of forecasts. KW - Exponential smoothing KW - forecasting KW - M4-competition KW - time series CR - [1] B. Cetin and I. Yavuz, Comparison of forecast accuracy of Ata and exponential smoothing, J. Appl. Stat. 48 (13-15), 2580-2590 , 2020. CR - [2] R.J. Hyndman, A brief history of forecasting competitions, Int. J. Forecast. 36 (1), 7-14, 2020. CR - [3] R.J. Hyndman and B. Billah, Unmasking the Theta method, Int. J. Forecast. 19 (2), 287-290, 2003. CR - [4] S. Makridakis, E. Spiliotis and V. Assimakopoulos, The M4 Competition: 100,000 time series and 61 forecasting methods, Int. J. Forecast. 36 (3), 54-74, 2020. CR - [5] S. Makridakis, E. Spiliotis and V. Assimakopoulos, The M4 Competition: Results, findings, conclusion and way forward, Int. J. Forecast. 34 (4), 802-808, 2018. CR - [6] S. Makridakis and M. Hibon, The M3-Competition: results, conclusions and implications, Int. J. Forecast. 16 (4), 451-476, 2000. CR - [7] S. Makridakis, Mcompetitions, Mcompetitions/M4-methods: Data, benchmarks, and methods submitted to the M4 forecasting competition, https://github.com/M4Competition/M4-methods CR - [8] J.M. Merigo and M. Jose, Measuring Errors with the OWA Operator, Lecture Notes in Business Information Processing 115, 24-33, 2012. CR - [9] G. Yapar, H. Selamlar, S. Capar and I. Yavuz, ATA method, Hacettepe J. Math. Stat. 48 (6), 1838-1844, 2019. CR - [10] G. Yapar Modified simple exponential smoothing, Hacettepe J. Math. Stat. 47 (3), 741-754, 2018. CR - [11] G. Yapar, S. Capar, H. Selamlar and I. Yavuz, Modified Holt’s linear trend method, Hacettepe J. Math. Stat. 47 (5), 1394-1403, 2018. UR - https://doi.org/10.15672/hujms.1018362 L1 - https://dergipark.org.tr/en/download/article-file/2060714 ER -