How does trend forecasting work?
We are currently able to forecast the behaviour of trends up to 24 months ahead, with the following methodology:
We are able to retrieve 8 years of historical data for each trend with all associated posts, as well as other relevant extra signals.
We apply 5 different statistical models and our proprietary deep learning model to make predictions on how this trend should behave in the next year.
We arbitrate between algorithms and combine predictions into a master algorithm to obtain the best prediction (Fforma ensembling).