Forecasting on the Accuracy-Timeliness Frontier: Two Novel `Look Ahead' Predictors
准确性与及时性前沿上的预测:两种新型前瞻预测器
We re-examine the traditional Mean-Squared Error (MSE) forecasting paradigm by formally integrating an accuracy-timeliness trade-off: accuracy is defined by MSE (or target correlation) and timeliness by advancement (or phase excess). While MSE-optimized predictors are accurate in tracking levels, they sacrifice dynamic lead, causing them to lag behind changing targets. To address this, we introduce two `look-ahead' frameworks--Decoupling-from-Present (DFP) and…