We verify quantitative forecasts made in any discipline, ranging from hydro-meteorological forecasts to business demand forecasts. Forecasts can be spatially distributed, point forecasts, deterministic or probabilistic in nature.
forecastverification.com’s independence from any forecast provider guarantees an honest verification analysis.
Our standard product comprises periodic verification reports. These include a summary of the forecasts and the verifying observations, graphical and numerical summary metrics and an expert opinion.
Our standard approach includes three steps:
- Visual exploration of past forecasts and their verifying observations.
- Presentation of graphical measures of forecast quality.
- Presentation of numerical measures of forecast quality: metrics.
We supply forecast verification information to various user groups.