TFL's Forecasting Techniques

Technical Forecasts Limited (TFL) supplies data forecasting services and products based strictly on non-linear, DATA-LED forecasting techniques.

The significance of this approach to forecasting is that it is

• based exclusively on historical data
• does not include any subjectivity that is inherent in other forecast modelling techniques
• uses non-linear models to represent non-linear data
• creates models that are proportionately complex to the data

How we do it

The TFL forecasting method is underpinned by three distinct but interdependent techniques.

• Unique identification and classification of only the parallel data series that have strong associations with the target data series
• Creation of forecasting models that are proportionately complex for the data series
• Error cancellation using multiple models and sophisticated, proprietary averaging techniques produces accurate and legitimate forecasts up to 5 years forward.

These ground-breaking techniques are combined in such a fashion as to make the very best projection of available data. The resulting forecasts can then be applied by experts in their fields alongside traditional methods to improve the decision-making process.

Need to know more?

Many of the product and service pages have a "techi bit" link, which will describe more about the technologies used in each area. Alternatively, you might want to read our FAQs. There are also various technical papers which can be downloaded or printed for future reference.