The model type named
Auxiliary is intended for series for which you lack recent reliable data, but at
the same time do have access to recent data for another series that implicitly
contains information about the series you want to forecast. For example, assume
that you always have access to load outcome values for the total consumption
within an area for the recent days. Since the data is up to date, the forecast
models can quickly adapt to new data with accurate forecasts as a result. Also
suppose that the consumption you need to forecast is only for a fraction of the
customers in the area. But this data come from another system which is updated
less regularly so your recent history data will always be a couple of months
old. If we write the series we wish to forecast ( representing a fraction of the
customers) as a function of the auxiliary series we know we can do accurate
forecasts from (the total consumption), we have an alternative way of
forecasting by applying the function defined on the forecasted values. The model
type Auxiliary both points out the series which forecasted values we want to
start off with, also the model settings determines how the program should
proceed when it automatically estimates the function or relationship between the
two series. Specify which series should be pointed out as auxiliary in the list
(see below)