Visualizing forecast results
After defining and training models using backtesting, it's time to visualize the results. Visualization is a quick and effective way to assess model performance across partitions.
The ts and bkt_df DataFrames from previous exercises, along with the Plotly library, have already been preloaded for you. Let's explore how well our models performed!
This exercise is part of the course
Designing Forecasting Pipelines for Production
Hands-on interactive exercise
Have a go at this exercise by completing this sample code.
# Get unique partition labels from the backtesting DataFrame
partitions_labels = bkt_df["cutoff"].unique()
# Filter the time-series data to include only the last 7 days
ts_sub = ts[ts["ds"] > ts["ds"].max() - datetime.timedelta(hours=24 * 7)]
# Create subplots with 4 rows (one for each partition)
fig = make_subplots(rows=4, cols=1, subplot_titles=["Partitions: " + str(i) for i in partitions_labels])
r = 1 # Row counter for subplots
for i in partitions_labels:
# Show legend only for the first subplot
if r == 1:
showlegend = True
else:
showlegend = False
# Filter backtesting results for the current partition
bkt_sub = bkt_df[bkt_df["cutoff"] == i]
# Add actual values to the plot
fig.append_trace(go.Scatter(x=ts_sub["ds"], y=ts_sub["y"], legendgroup="actual", showlegend=showlegend,
mode='lines', name='Actual', line=dict(color='#023047', width=2)), row=r, col=1)
# Add k-nearest neighbors predictions to the plot
fig.append_trace(go.Scatter(x=bkt_sub["ds"], y=bkt_sub["knn"], mode='lines', name='k-nearest neighbors',
legendgroup="knn", showlegend=showlegend, line=dict(color='#2a9d8f', width=1.5, dash="dash")), row=r, col=1)
# Add Multi-layer Perceptron predictions to the plot
fig.append_trace(go.Scatter(x=bkt_sub["ds"], y=bkt_sub["mlp"], mode='lines', name='Multi-layer Perceptron',
legendgroup="mlp", showlegend=showlegend, line=dict(color='#0077b6', width=1.5, dash="dot")), row=r, col=1)
# Add ElasticNet predictions to the plot
fig.append_trace(go.Scatter(x=bkt_sub["ds"], y=bkt_sub["enet"], mode='lines', name='ElasticNet',
legendgroup="enet", showlegend=showlegend, line=dict(color='#ffc8dd', width=1.5, dash="dot")), row=r, col=1)
r = r + 1 # Move to the next row
# Adjust the figure layout and display it
fig.update_layout(height=500)
fig.show()