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Forecasting, Volume 8, Issue 1

2026 February - 18 articles

Cover Story: Accurate air quality forecasting is critical for public health protection, yet chemical transport models like CMAQ exhibit persistent biases. This study introduces pollutant-specific CNN–Attention–LSTM architectures with optimized loss functions—standard Huber loss for NO2 and a novel weighted, tail-gated Huber loss for PM10—achieving systematic bias reductions of ~80% for NO2 and ~94% for PM10 across California. The weighted loss function drastically improves extreme pollution event detection, with F1 scores increasing to ~270% for PM10. These pollutant-specific optimizations enable more reliable air quality warning systems and regulatory applications, demonstrating clear advantages over universal deep learning frameworks for multi-species bias correction. View this paper
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Articles (18)

  • Article
  • Open Access
195 Views
34 Pages

Forecasting Municipal Financial Distress in South Africa: A Machine Learning Approach

  • Nkosinathi Emmanuel Radebe,
  • Bomi Cyril Nomlala and
  • Frank Ranganai Matenda

14 February 2026

Persistent fiscal stress in South African municipalities undermines service delivery, yet practical tools for early detection remain limited. This study predicts one-year-ahead municipal financial distress to support risk-based prioritisation. We dev...

  • Article
  • Open Access
360 Views
20 Pages

Satellite Data and Artificial Intelligence for FINtech

  • Alberto Garinei,
  • Massimiliano Proietti,
  • Alessandro Vispa,
  • Stefano Speziali,
  • Giovanni Bartolini,
  • Marcello Marconi,
  • Emanuele Piccioni,
  • Matteo Martini,
  • Francesca Fallucchi and
  • Valerio Lemma
  • + 3 authors

13 February 2026

The SAIFIN project (Satellite data and Artificial Intelligence for FINtech) develops a novel algorithmic trading system that integrates satellite imagery, financial data, and advanced artificial intelligence to enhance decision-making, particularly i...

  • Article
  • Open Access
337 Views
28 Pages

12 February 2026

New Zealand, located along the boundary between the Pacific and Australian plates, is among the most seismically active regions in the world. In such an area, reliable short-term forecasting of strong aftershocks is essential for seismic risk mitigat...

  • Article
  • Open Access
187 Views
23 Pages

12 February 2026

Accurate wind power forecasting is critical for enhancing the operational efficiency and stability of electrical power grids. Conventional single-variable signal decomposition forecasting methods ignore the coupling relationship between wind power an...

  • Article
  • Open Access
339 Views
26 Pages

The Impact of ESG Performance on Financial Performance: Evidence from Listed Companies in Thailand

  • Umawadee Detthamrong,
  • Rapeepat Klangbunrueang,
  • Wirapong Chansanam and
  • Rasita Dasri

12 February 2026

Sustainable corporate governance plays an essential role in promoting responsible economic growth and enhancing social and environmental well-being in emerging economies. In this context, Environmental, Social, and Governance (ESG) performance has be...

  • Article
  • Open Access
215 Views
32 Pages

Investigation of Sudden Stratospheric Warming (SSW) Events Between 1980 and 2100

  • Simla Durmus,
  • Deniz Demirhan,
  • Ismail Gultepe and
  • Onur Durmus

10 February 2026

The main objective of this work is to characterize Sudden Stratospheric Warming (SSW) conditions and their impact on local weather forecasting and climate change, using SSW definition criteria. The SSWs strongly affect Arctic vortex structure and mid...

  • Article
  • Open Access
368 Views
19 Pages

Projection of Changes in Coastal Water Temperature of the Baltic Sea up to 2100

  • Mariusz Ptak,
  • Mariusz Sojka,
  • Soufiane Haddout and
  • Teerachai Amnuaylojaroen

Temperature is a fundamental property of water that determines its quality and the course of both biotic and physical processes. Therefore, the distribution and future changes in thermal conditions are crucial for the functioning of the hydrosphere....

  • Article
  • Open Access
272 Views
25 Pages

The Baltic Dry Index (BDI) measures the cost of transporting dry bulk commodities such as coal, iron ore, and grain. As a key indicator of global trade, supply chain dynamics, and overall economic activity, accurate short-term forecasting of the BDI...

  • Article
  • Open Access
496 Views
28 Pages

An Explainable Voting Ensemble Framework for Early-Warning Forecasting of Corporate Financial Distress

  • Lersak Phothong,
  • Anupong Sukprasert,
  • Sutana Boonlua,
  • Prapaporn Chubsuwan,
  • Nattakron Seetha and
  • Rotcharin Kunsrison

Accurate early-warning forecasting of corporate financial distress remains a critical challenge due to nonlinear financial relationships, severe data imbalance, and the high operational costs of false alarms in risk-monitoring systems. This study pro...

  • Article
  • Open Access
306 Views
21 Pages

Climate Indices as Potential Predictors in Empirical Long-Range Meteorological Forecasting Models

  • Sergei Soldatenko,
  • Genrikh Alekseev,
  • Vladimir Loginov,
  • Yaromir Angudovich and
  • Irina Danilovich

Improving the accuracy of climate and long-range meteorological forecasts is an important objective for many economic sectors: agriculture, energy and utilities, transportation and logistics, construction, disaster risk management, insurance and fina...

  • Article
  • Open Access
396 Views
21 Pages

Beyond Accuracy: The Cognitive Economy of Trust and Absorption in the Adoption of AI-Generated Forecasts

  • Anne-Marie Sassenberg,
  • Nirmal Acharya,
  • Padmaja Kar and
  • Mohammad Sadegh Eshaghi

AI Recommender Systems (RecSys) function as personalised forecasting engines, predicting user preferences to reduce information overload. However, the efficacy of these systems is often bottlenecked by the “Last Mile” of forecasting: the...

  • Article
  • Open Access
300 Views
20 Pages

To address the nonlinear nature of exchange rates where drivers vary by time horizon, this paper proposes a CEEMDAN-PE-CatBoost-SHAP framework. Analyzing USD/CNY data (2012–2024), we decomposed rates into high, medium, and low frequencies to br...

  • Article
  • Open Access
255 Views
29 Pages

We introduce the Semiparametric Time Series Regression with Mixed Additive Spline Fourier (STSR–MASF) model as an innovative approach for analyzing time series data with complex patterns. The model combines the flexibility of the spline estimat...

  • Article
  • Open Access
776 Views
29 Pages

Pollutant-Specific Deep Learning Architectures for Multi-Species Air Quality Bias Correction: Application to NO2 and PM10 in California

  • Ioannis Stergiou,
  • Nektaria Traka,
  • Dimitrios Melas,
  • Efthimios Tagaris and
  • Rafaella-Eleni P. Sotiropoulou

Accurate air quality forecasting remains challenging due to persistent biases in chemical transport models. Addressing this challenge, the current study develops pollutant-specific deep learning frameworks that correct systematic errors in the Commun...

  • Article
  • Open Access
438 Views
20 Pages

This study employed tree-based machine learning (ML) algorithms to predict low-level wind shear (LLWS) at Jeju International Airport (ICAO: RKPC). Hourly meteorological data from 47 observation stations across Jeju Island, collected between 2019 and...

  • Article
  • Open Access
521 Views
24 Pages

A Highly Accurate and Efficient Statistical Framework for Short-Term Load Forecasting: A Case Study for Mexico

  • Luis Conde-López,
  • Monica Borunda,
  • Gerardo Ruiz-Chavarría and
  • Tomás Aparicio-Cárdenas

Short-term load forecasting is fundamental for the effective and reliable operation of power systems. Very accurate forecasting methods often involve complex hybrid approaches that combine statistical, physical, and/or intelligent techniques. In this...

  • Article
  • Open Access
909 Views
19 Pages

Advanced Techniques for Financial Distress Prediction

  • Lee-Wen Yang,
  • Nguyen Thi Thanh Binh and
  • Jiang Meng Yi

This study compares Logit, Probit, Extreme Value, and Artificial Neural Network (ANN) models using data from 2012 to 2024 in the Taiwan electronics industry. ANN outperforms traditional models, achieving 98% accuracy in predicting financial distress....

  • Article
  • Open Access
472 Views
21 Pages

The high-precision prediction of near-space atmospheric temperature holds significant importance for aerospace, national defense security, and climate change research. To address the deficiencies of extracting features in conventional convolutional n...

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Forecasting - ISSN 2571-9394