Parameters for Forecasting

What are the required parameters to achieve accurate forecasting?

There are many parameters required in order to run a forecast like.

  • Seasonal Order (is it daily, weekly, monthly or yearly seasonal)
  • trend analysis if the trend is logistic or linear
  • Pattern of series like if its additive or multiplicative
  • Smoothness calculator of series

There are many other parameter that are used some of the most common ones are listed above.