Holt-Winters Additive trend and seasonality method
The method takes both trend and seasonality into consideration.
Where s is the seasonality period length.
For 0 ≤ α ≤1, 0 ≤ β ≤1 and 0 ≤ γ ≤ 1.
To get started, initial values of the level, trend and seasonality are required. To
initialize the seasonality a minimum of one complete seasonal cycle is required .
Initial values for are calculated based on:
This table displays the initializations for Holt-Winters 4 Additive: