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The fan chart: the technical details of the new implementation

Authors: Juan Manuel Julio-Román;

The fan chart: the technical details of the new implementation

Abstract

Our current implementation of the Fan Chart follows the original Britton Fisher and Whitley (2) and Blix and Sellin (1) proposal in which the inputs enter at the fourth and ninth quarters and are distributed within the forecasting horizon according to pre established weights. This procedure does not allow enough ∞exibility to control the shape of the distribution at the shorter end of the horizon when more reliable information is available. On the other hand, no published material presents the details of the Fan Chart computation. In this note all the technical details of the new implementation are described. This implementation provides more ∞exibility than the previous one since it permits the inputs to be entered on a quarterly basis instead of on a yearly basis. Click here to obtain a Visual Basic for Excel implementation and save the flle as FanChart.xls.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
hybrid