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Time Series Accuracy Measures¶
MAPE - Mean Absolute Percentage Error¶
Measures the accuracy of the fit as a percentage. The best possible is 0% and the worst is 100%.
MAD - Mean Absolute Deviation¶
Measures the accuracy of the fit in the units of the data. The best possible is 0.
MSD - Mean Squared Deviation¶
Similar to MAD except that the deviations are squared. The best possible value is zero.
