Blaskowitz, Oliver; Herwartz, Helmut - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2008
economic time series when testing for
the value of directional forecasts.
Keywords: Directional forecasts, directional accuracy … measures
of forecast accuracy and stress that the choice of the evaluation measure should be related
to the objectives of the … forecast user. Assessing the directional accuracy (DA) of predicted
directions may provide valuable insights into forecast …