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ARX Time Series Forecasting

Time Series - Intro

Forecast marketing metrics using ARX (AutoRegressive with eXogenous variables). Upload time series data, include external predictors like ad spend, and generate forecasts. This is a simplified introduction to time series - no moving average terms!

👨‍🏫 Professor Mode: Guided Learning Experience

New to time series forecasting? Enable Professor Mode for step-by-step guidance through building your first ARX model with AR patterns, differencing, and external predictors!

TEST OVERVIEW & EQUATIONS

ARX (AutoRegressive with eXogenous variables) is a simplified time series model perfect for learning forecasting basics. It combines past values (AR), differencing to remove trends, and external predictors like advertising spend or temperature.

ARX Model: $$ (1 - \phi_1 B - \cdots - \phi_p B^p)(1 - B)^d Y_t = \varepsilon_t + \sum_{j=1}^{k} \beta_j X_{j,t} $$

where \(Y_t\) is the outcome at time \(t\), \(B\) is the backshift operator, \(d\) is the differencing order, \(\phi\) are AR coefficients, and \(\beta_j\) are coefficients for exogenous predictors \(X_j\).

💡 What about MA(q)?

ARX uses only AR(p) and differencing(d). The "MA(q)" moving average component is removed to simplify learning. Once you master ARX, graduate to the ARIMAX tool to learn MA terms!

Key Concepts
  • AR (p): Autoregressive terms capture how past values influence current values.
  • Differencing (d): Removes trends to achieve stationarity (usually d=0 or d=1).
  • X (exogenous): External predictors like ad spend, promotions, or temperature.
When to Use ARX

Use ARX when you have a time series outcome (sales, traffic, conversions) influenced by external factors you can measure. Common marketing applications include:

  • Sales forecasting with advertising spend as a predictor
  • Website traffic prediction with campaign activity
  • Revenue forecasting with pricing or promotion indicators

MARKETING SCENARIOS

Upload Your Data

Drag & Drop CSV file (.csv, .tsv, .txt)

First row = column headers. Include date, outcome, and predictor columns.

No file uploaded.