Method and system for predicting revenue based on historical pattern indentification and modeling
AssigneeHewlett-Packard Development Company, L.P.
InventorsJerry Zhaolin Shan, Lauren E. Turner
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AssigneeHewlett-Packard Development Company, L.P.
InventorsJerry Zhaolin Shan, Lauren E. Turner
Estimating the term…
A method and system is used to predict a behavioral value for a forecast period based on historical pattern identification and modeling. A set of training periods is compiled, and for each of the training periods, a generalized percentage function of the behavioral values is defined and computed. The training periods and their corresponding generalized percentage functions are further normalized and generalized, respectively, so that all training periods have the same length as the forecast period. A prediction time series is computed from the generalized percentage functions. The prediction time series is used to forecast a set of values in the forecast period based on a current behavior value. In one example, the behavior values are revenue and calculated over monthly training and forecast periods.
A computer-implemented method for determining a total forecasted behavior value for a forecast period having a plurality of discrete time points, the method comprising:
A system for calculating a total forecasted behavior value for a forecast period having a plurality of discrete time points, comprising:
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