Similarity-Based Forecasting with Simultaneous Previews: A River Plot Interface for Time Series Forecasting

TitleSimilarity-Based Forecasting with Simultaneous Previews: A River Plot Interface for Time Series Forecasting
Publication TypeConference Papers
Year of Publication2007
AuthorsBuono P, Plaisant C, Simeone A, Aris A, Shneiderman B, Shmueli G, Jank W
Conference NameInformation Visualization, 2007. IV '07. 11th International Conference
Date Published2007/07/04/6
PublisherIEEE
ISBN Number0-7695-2900-3
Keywordsdata driven forecasting method, data visualisation, Data visualization, Economic forecasting, forecasting preview interface, Graphical user interfaces, historical time series dataset, Laboratories, new stock offerings, partial time series, pattern matching, pattern matching search, Predictive models, river plot interface, Rivers, similarity-based forecasting, Smoothing methods, Technological innovation, Testing, time series, time series forecasting, Weather forecasting
Abstract

Time-series forecasting has a large number of applications. Users with a partial time series for auctions, new stock offerings, or industrial processes desire estimates of the future behavior. We present a data driven forecasting method and interface called similarity-based forecasting (SBF). A pattern matching search in an historical time series dataset produces a subset of curves similar to the partial time series. The forecast is displayed graphically as a river plot showing statistical information about the SBF subset. A forecasting preview interface allows users to interactively explore alternative pattern matching parameters and see multiple forecasts simultaneously. User testing with 8 users demonstrated advantages and led to improvements.

DOI10.1109/IV.2007.101