onlineforecast

The onlineforecast R package computes new forecasts whenever new observations becomes available by using recursive estimation. The package makes it easy to setup models to be used for online forecasting, where the user can create their own online forecast-set-up with their own inputs. The pacakge is created based on the authors long experience of formulating time series models which use weather forecasts as inputs. The challenge comes from the overlapping time series as the forecast needs to be updated whenever the weather forecast is updated.

See more on onlineforecast webpage

Installation

You can install the released version of onlineforecast from CRAN with:

install.packages("onlineforecast")

Example

See examples on how to use the package on the website, onlineforecast where multiple vignettes demonstrate how it works.