Skip to main content

[en] TS Forecast Tool Icon TS Forecast Tool

[en] One Tool Example

[en] TS Forecast has a One Tool Example. Visit Sample Workflows to learn how to access this and many other examples directly in Alteryx Designer.

[en] The TS Forecast tool provides forecasts from a model created with either the ARIMA tool or ETS tool for a user-specified number of future periods. In addition, upper and lower confidence interval bounds are provided for two different (user-specified) percentage confidence levels. For each confidence level, the expected probability that the true value will fall within the provided bounds corresponds to the confidence level percentage.

[en] This tool uses the R tool. Go to Options > Download Predictive Tools and sign in to the Alteryx Downloads and Licenses portal to install R and the packages used by the R tool. Visit Download and Use Predictive Tools.

[en] Connect an Input

[en] The TS Forecast tool requires a data stream that is the output stream from either an ARIMA or ETS tool.

[en] Configure the Tool

[en] Configuration Tab

[en] Use the Configuration tab to set the controls for the time series forecast.

  • [en] The field name for the point forecast: The field name for the point forecasts in the output data stream. This name is also used as a prefix to the confidence bounds.

  • [en] The percentage value of the larger confidence interval: Set a value between 1 to 99. Commonly used values for this range are 95 or 99 percent.

  • [en] The percentage value of the smaller confidence interval: Set a value between 1 to 99. Commonly used values for this range are 80 or 90 percent.

  • [en] The number of periods into the future to forecast: Both the point forecasts and the confidence bounds will be available for the specified number of future periods.

[en] Graphic Options Tab

[en] Use the Graphics Options tab to set the controls for the output plot.

  • [en] Plot size: Select inches or centimeters for the size of the graph.

  • [en] Graph resolution: Select the resolution of the graph in dots per inch: 1x (96 dpi), 2x (192 dpi), or 3x (288 dpi).

    • [en] Lower resolution creates a smaller file and is best for viewing on a monitor.

    • [en] Higher resolution creates a larger file with better print quality.

  • [en] Base font size (points): Select the size of the font in the graph.

[en] View the Output

[en] Connect a Browse tool to each output anchor to view results.

  • [en] O anchor: Contains a data stream of the forecast values and confidence bounds.

  • [en] R anchor: Consists of the report snippets of a table with the forecast values and confidence bounds and a forecast plot that shows both the historical values of the time series and forecast values with error bounds.

  • [en] I anchor: An interactive HTML dashboard consisting of plots and metrics. Select different graphical elements to interact with the visualizations to reveal more information, values, metrics, and analytics.

: