SAP ABAP Data Element STHKOF (Theil coefficient)
Hierarchy
SAP_BASIS (Software Component) SAP Basis Component
   BC-CCM-MON-TUN (Application Component) Performance Monitors (TCC)
     STUN (Package) DBA: All the rest in English
Basic Data
Data Element STHKOF
Short Description Theil coefficient  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type DEC3_2    
Data Type DEC   Counter or amount field with comma and sign 
Length 5    
Decimal Places 2    
Output Length 6    
Value Table      
Further Characteristics
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Parameter ID   
Default Component name    
Change document    
No Input History    
Basic direction is set to LTR    
No BIDI Filtering    
Field Label
  Length  Field Label  
Short 10 Theil 
Medium 15 Theil coeffic. 
Long 20 Theil coefficient 
Heading Theil 
Documentation

Definition

Measure of the goodness of the forecast model employed compared to the "primitive forecast".

Procedure

The "primitive forecast" simply takes the last historical value as the forecast value.

  • The coefficient of Theil is 1 if the forecast model has the same goodness as the "primitive forecast".
  • The coefficient is less than 1 if the forecast model is better than the "primitive forecast".
  • The coefficient is greater than 1 if the forecast model is worse than the "primitive forecast". This case should be avoided.

History
Last changed by/on SAP  20130604 
SAP Release Created in