1. xLSTMTime: Long-Term Time Series Forecasting with xLSTM.
- Author
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Alharthi, Musleh and Mahmood, Ausif
- Subjects
- *
TRANSFORMER models , *TIME series analysis , *FORECASTING , *SUPPLY & demand , *MEMORY - Abstract
In recent years, transformer-based models have gained prominence in multivariate long-term time series forecasting (LTSF), demonstrating significant advancements despite facing challenges such as high computational demands, difficulty in capturing temporal dynamics, and managing long-term dependencies. The emergence of LTSF-Linear, with its straightforward linear architecture, has notably outperformed transformer-based counterparts, prompting a reevaluation of the transformer's utility in time series forecasting. In response, this paper presents an adaptation of a recent architecture, termed extended LSTM (xLSTM), for LTSF. xLSTM incorporates exponential gating and a revised memory structure with higher capacity that has good potential for LTSF. Our adopted architecture for LTSF, termed xLSTMTime, surpasses current approaches. We compare xLSTMTime's performance against various state-of-the-art models across multiple real-world datasets, demonstrating superior forecasting capabilities. Our findings suggest that refined recurrent architectures can offer competitive alternatives to transformer-based models in LTSF tasks, potentially redefining the landscape of time series forecasting. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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