Would you use an API that automatically backtests your time series and returns a forecast?
I’m building a forecasting API for developers and businesses.
The idea is:
- Send a time series through an API
- Specify the forecast horizon
- Automatically run rolling backtests on the historical data
- Report how well the model performs on that particular series
- Generate a future forecast with prediction intervals
The API would look something like:
POST /forecast
You send historical data and receive a forecast, accuracy metrics, and prediction intervals.
I’m currently considering Chronos-2 as the forecasting model rather than building a large collection of models.
I’m trying to find out whether this solves a problem that people would actually pay for. If you work with forecasting in a real business or project, would this save you time? What other features would you want?