MIMO method of prediction or forecasting serves to be the best prediction method for long term implications.
Explanation:
There are three types of methods of prediction for longer term implications, out of which, MIMO, that is, Multiple Input Multiple Output Model is considered the best method for making prediction for longer time series term. It serves as the most simplest natural form of making a prediction.
Other comparative methods such as the Direct H step ahead method and/or Iterated prediction method are more deductive but less powerful in application. The prediction method can also be judged by more prediction and less explanatory nature or vice-versa.
