Extrapolation methods

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These methods are most often used for short-term forecasting. They propose to analyze data collected in the past to predict or determine the future. Because they are extrapolations, it is not recommended to rely 100% on the validity of the results obtained. They simply allow us to better understand the future.

Today, there are different methods of extrapolation. Thus, we distinguish :
– the moving average,
– the weighted moving average,
– simple or multiple exponential smoothing, with or without correction for trends and seasonality.