Table 4 Different methods: overall performance
From: Novel approaches to the energy load unbalance forecasting in the Italian electricity market
| Â | Right | Wrong | Not played | Overall played | Overall right |
|---|---|---|---|---|---|
ES | 106 | 57 | 246 | 39.8% | 65% |
ARIMA | 28 | 25 | 356 | 13% | 52.8% |
ARMA-GARCH | 63 | 44 | 302 | 26% | 58.8% |
ARMAX-GARCH | 95 | 44 | 270 | 34% | 68.3% |