Time Series Forecast with sales data

KNIME Analytics Platform
#1

Hello KNIME community,

I have monthly Sales data from the last 4 years and want to forecast the next 12 months. So in addition I have added rows with missing sales values for the next months and then used the ARIMA Nodes. I was wondering if this is the right way to use ARIMA.

WF
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Please have a look at my workflow and if you have another idea or a whole different approach to forecast the data please let me know.

Thank you and best regards!

#2

let me cc our TS Expert @Corey here :slight_smile:
He just made this beautiful blogpost: https://www.knime.com/blog/time-series-analysis-with-components

2 Likes
#3

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