Module · Forecast backtest

Predictions vs actuals · 2020 Q1 – 2026 Q2

Walk-forward evaluation: for each quarter t, the model uses only data up to t-1 (no lookahead) to predict t. Residuals and error metrics measure how well the deterministic engine would have anticipated the actual reading.

IndexNMAERMSEMAPEBiasHits ±5
CMHI · Market Health221.932.833.5%+0.0786%
CVI · Vulnerability222.273.393.3%-0.1382%
CBTI · Trust220.951.532.0%+0.05100%
MRI · Market Risk222.814.314.2%-0.1777%
CERI · Resilience221.071.643.1%+0.09100%
NCES · Composite222.003.084.3%+0.1186%
NCES · Composite · predicted vs actual
Data vintage: 2020 Q1 – 2026 Q2

Solid line = actual reading; dashed green = walk-forward prediction; orange area = residual (actual − predicted). Lower MAE/RMSE and a bias near zero indicate an unbiased forecast.

QuarterActualPredictedResidual
2021 Q151.5047.10+4.40
2021 Q252.6053.15-0.55
2021 Q353.5054.05-0.55
2021 Q454.1054.75-0.65
2022 Q152.1055.10-3.00
2022 Q246.9052.85-5.95
2022 Q341.4046.20-4.80
2022 Q439.2037.80+1.40
2023 Q141.8033.85+7.95
2023 Q244.7037.95+6.75
2023 Q347.2044.90+2.30
2023 Q449.0049.95-0.95
2024 Q150.5051.70-1.20
2024 Q251.7052.65-0.95
2024 Q352.7053.35-0.65
2024 Q453.6054.05-0.45
2025 Q154.8054.70+0.10
2025 Q255.6055.75-0.15
2025 Q356.2056.65-0.45
2025 Q456.7057.20-0.50
2026 Q157.5057.40+0.10
2026 Q258.2058.05+0.15