Model Summary Charts

This histogram displays the mean absolute percentage error (MAPE) across all models. It shows that all models display a mean uncertainty of roughly 1%.

This histogram displays the maximum absolute percentage error (MaxAPE) across all models and is useful for imagining a worst-case scenario for your forecasts. It shows that the largest percentage error for each model falls in the range of 1 to 5%. Do these values represent an acceptable amount of uncertainty? This is a situation in which your business sense comes into play because acceptable risk will change from problem to problem.