Error : Evaluating the forecast in Hold Periods ~ Statistic forecast

I'm trying to evaluate the statistical forecast by using Apply Hold Periods.

 

But when I set them,

the almost of product's best-fit forecast is set to New Item Forecast.

 

How can I correctly evaluate the forecast?

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Answers

  • When evaluating forecasts with holdout periods, ensure the software doesn't default to "New Item Forecast" for most products. This can skew results.

    Disclaimer: This is for informational purposes only and may not be applicable to all forecasting software or scenarios. New Jersey DMV

    Note: This response focuses on the core issue of the "New Item Forecast" default and its potential impact on evaluation accuracy.