Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Any plans to add predictions from regression models? #58

Open
kha84 opened this issue Aug 28, 2024 · 2 comments
Open

Any plans to add predictions from regression models? #58

kha84 opened this issue Aug 28, 2024 · 2 comments

Comments

@kha84
Copy link

kha84 commented Aug 28, 2024

Hello there! Imagine you have a data source, whose data metrics are subject of oscillation. The nature of that oscillation is a combination of seasonality (e.g. more in winter, less in summer), trend-following (e.g. growing year to year), well-predicted spikes (e.g. more data on weekend, but less during public holidays) and whatever other measily-meatbags-related reasons data is depending on :)

I found it pretty useful to fit a regression model to historical metric values, so I can just monitor that actual latest metric values are within the trusted interval of the prediction from the model. This approach reduces false alarms, a usual companion of any predefined thresholds for data quality metrics.

Will be great to see the same in Checkita.

@gabb1er
Copy link
Collaborator

gabb1er commented Nov 19, 2024

Hello! We are glad to announce, that in latest release we have added two types of trend metrics:

  • linear regression metric - fits simple linear regression model over historical results treating referenceDate as X-vector and metric results as true Y-vector. Metric predicts result for current referenceDate.
  • ARIMA metric - trains ARIMA model over historical metric results. Metrics forecasts the next value in time-series.

For more information, see docs.

We have more plans regarding time-series forecasting, so I will keep this issue open for now. In meantime, we will be glad to have some feedback regarding new features.

@kha84
Copy link
Author

kha84 commented Nov 20, 2024

Great! Thanks a lot!

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
None yet
Projects
None yet
Development

No branches or pull requests

2 participants