2024
DOI: 10.1029/2024sw003868
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A Framework for Evaluating Geomagnetic Indices Forecasting Models

Armando Collado‐Villaverde,
Pablo Muñoz,
Consuelo Cid

Abstract: The use of Deep Learning models to forecast geomagnetic storms is achieving great results. However, the evaluation of these models is mainly supported on generic regression metrics (such as the Root Mean Squared Error or the Coefficient of Determination), which are not able to properly capture the specific particularities of geomagnetic storms forecasting. Particularly, they do not provide insights during the high activity periods. To overcome this issue, we introduce the Binned Forecasting Error to provide a … Show more

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Cited by 3 publications
(2 citation statements)
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“…This study [9] focuses on improving the evaluation of Deep Learning models for forecasting geomagnetic storms. While these models show promising results, traditional regression metrics like RMSE and R² don't adequately capture performance during high activity periods.…”
Section: Related Workmentioning
confidence: 99%
See 1 more Smart Citation
“…This study [9] focuses on improving the evaluation of Deep Learning models for forecasting geomagnetic storms. While these models show promising results, traditional regression metrics like RMSE and R² don't adequately capture performance during high activity periods.…”
Section: Related Workmentioning
confidence: 99%
“…Additionally, geomagnetic storms can increase the drag on low-Earth orbit satellites, altering their trajectories and shortening their operational lifespans.Given these substantial risks, the ability to accurately predict and forecast geomagnetic storms is of paramount importance. [9] Traditional methods of forecasting rely on observational data from satellites and ground-based instruments, combined with empirical models to predict the arrival and impact of solar events. However, these methods have limitations in terms of accuracy and lead time.…”
Section: Introductionmentioning
confidence: 99%