topic Forecasting with VARMAX when there are exogeneous variables in Statistical Procedures https://communities.sas.com/t5/Statistical-Procedures/Forecasting-with-VARMAX-when-there-are-exogeneous-variables/m-p/160728#M8371 <HTML><HEAD></HEAD><BODY><P>Hi,</P><P></P><P>In VARMAX model, there can be Y(t) and also X(t) in the model. So, we need the forecast of X(n+1) to be able to find forecast of Y(n+1).</P><P></P><P>I wonder how can I incorporate the forecasts of exogeneous variables into the forecasts of dependent variables?</P><P></P><P>Or how SAS is dealing with the forecasts of dependent variables when there are exogeneous variables in the model? </P><P></P><P>Best regards,</P><P></P><P>Ceylan</P></BODY></HTML> Mon, 30 Jun 2014 13:43:23 GMT ceylan 2014-06-30T13:43:23Z Forecasting with VARMAX when there are exogeneous variables https://communities.sas.com/t5/Statistical-Procedures/Forecasting-with-VARMAX-when-there-are-exogeneous-variables/m-p/160728#M8371 <HTML><HEAD></HEAD><BODY><P>Hi,</P><P></P><P>In VARMAX model, there can be Y(t) and also X(t) in the model. So, we need the forecast of X(n+1) to be able to find forecast of Y(n+1).</P><P></P><P>I wonder how can I incorporate the forecasts of exogeneous variables into the forecasts of dependent variables?</P><P></P><P>Or how SAS is dealing with the forecasts of dependent variables when there are exogeneous variables in the model? </P><P></P><P>Best regards,</P><P></P><P>Ceylan</P></BODY></HTML> Mon, 30 Jun 2014 13:43:23 GMT https://communities.sas.com/t5/Statistical-Procedures/Forecasting-with-VARMAX-when-there-are-exogeneous-variables/m-p/160728#M8371 ceylan 2014-06-30T13:43:23Z Re: Forecasting with VARMAX when there are exogeneous variables https://communities.sas.com/t5/Statistical-Procedures/Forecasting-with-VARMAX-when-there-are-exogeneous-variables/m-p/160729#M8372 <HTML><HEAD></HEAD><BODY><P>You can incorporate forecasted values of X(t) as an exogeneous variable in the VARMAX model to find forecast of Y(t).</P></BODY></HTML> Mon, 30 Jun 2014 15:18:10 GMT https://communities.sas.com/t5/Statistical-Procedures/Forecasting-with-VARMAX-when-there-are-exogeneous-variables/m-p/160729#M8372 stat_sas 2014-06-30T15:18:10Z