How do you forecast using EViews?
To forecast HS from this equation, push the Forecast button on the equation toolbar, or select Proc/Forecast…. At the top of the Forecast dialog, EViews displays information about the forecast.
What is a dynamic forecast EViews?
For dynamic forecasting, EViews applies the backcasting procedure using data from the beginning of the estimation sample to either the beginning of the forecast period, or the end of the estimation sample, whichever comes first.
What does Dlog mean in EViews?
dlog(x) first difference of the logarithm.
What is resid in EViews?
The residuals from the default equation are stored in a series object called RESID. RESID may be used directly as if it were a regular series, except in estimation.
What is Diebold Mariano test?
The Diebold-Mariano test compares the forecast accuracy of two forecast methods. dm.test( e1, e2, alternative = c(“two.sided”, “less”, “greater”), h = 1, power = 2 )
How do I save resid on eviews?
Use equation. makeresid to make the residuals into a series, then use wfsave to save the series into an Excel file.
How do you generate fitted values in eviews?
Re: fitted values from regression Go to the workfile and click on proc, there you have the option make residual series, name the series and click ok. Otherwise you can go to view, click on actual, fitted, residual and you will find out a lot of options to compare actual and fitted values.
What is null hypothesis of Diebold and Mariano test?
Details. This function implements the modified test proposed by Harvey, Leybourne and Newbold (1997). The null hypothesis is that the two methods have the same forecast accuracy. For alternative=”less” , the alternative hypothesis is that method 2 is less accurate than method 1.
What is the null hypothesis tested by the Diebold-Mariano test?
The null hypothesis of this test is that two forecasts have the same accuracy. The alternative hypothesis can be specified as ”Both forecasts have different accuracy”, ”The first forecast is less accurate than the second forecast”, or ”The first forecast is more accurate than the second forecast”.
How do you test autocorrelation in panel data in EViews?
If you select View/Residual Diagnostics/Correlogram-Q-statistics on the equation toolbar, EViews will display the autocorrelation and partial autocorrelation functions of the residuals, together with the Ljung-Box Q-statistics for high-order serial correlation.