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arXiv · 1910.12618

Textual Data for Time Series Forecasting

David Obst·Badih Ghattas·Sandra Claudel·Jairo Cugliari·Yannig Goude·Georges Oppenheim
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Abstract

While ubiquitous, textual sources of information such as company reports, social media posts, etc. are hardly included in prediction algorithms for time series, despite the relevant information they may contain. In this work, openly accessible daily weather reports from France and the United-Kingdom are leveraged to predict time series of national electricity consumption, average temperature and wind-speed with a single pipeline. Two methods of numerical representation of text are considered, namely traditional Term Frequency - Inverse Document Frequency (TF-IDF) as well as our own neural word embedding. Using exclusively text, we are able to predict the aforementioned time series with sufficient accuracy to be used to replace missing data. Furthermore the proposed word embeddings display geometric properties relating to the behavior of the time series and context similarity between words.

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David Obst, Badih Ghattas, Sandra Claudel, Jairo Cugliari, Yannig Goude, Georges Oppenheim. 2019-10-25. Textual Data for Time Series Forecasting. https://arxiv.org/abs/1910.12618

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