Let’s Use Ridge Regression to Predict Time Series
Using Python to Predict Time Series With Ridge Regression
Ridge regression is a regression technique that adds a penalty term to the traditional linear regression model, aiming to prevent overfitting by shrinking the coefficients of the predictors towards zero. This regularization helps to handle multicollinearity and stabilize the estimates, making the model more robust, especially when dealing with datasets …
Keep reading with a 7-day free trial
Subscribe to All About Trading! to keep reading this post and get 7 days of free access to the full post archives.