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Improve time-based features and handling

Open dfsnow opened this issue 1 year ago • 0 comments

While I think the model's overall time-trending is performing pretty well, it never hurts to test some tweaks/improvements. One thing we can do to check the model's performance/understanding of time is look at the errors for each fold from rolling-origin CV. To improve performance, we can:

  • [ ] Try adding more complex features (lagged predictors, lagged outcome, etc.). See some threads on this.
  • [ ] Test creating a separate index to use as a model feature
    • Calculate the index by area (Census tract, neighborhood, etc.)
    • Allows you to use a dedicated time series model for better/more performant forecasting
    • Helps get overall price trends correct in the main model
  • [ ] We can also revisit something we tried in the past: weighting more recent data using a decay function

dfsnow avatar Jan 14 '24 01:01 dfsnow