I would like to plot several forecasts on the same plot in different colours, however, the scale is off. I'm open to any other methods.
reproducible example:
require(forecast)
# MAKING DATA
data <- c(3.86000, 19.55810, 19.51091, 20.74048, 20.71333, 29.04191, 30.28864, 25.64300, 23.33368, 23.70870 , 26.16600 ,27.61286 , 27.88409 , 28.41400 , 24.81957 , 24.60952, 27.49857, 32.08000 , 29.98000, 27.49000 , 237.26150, 266.35478, 338.30000, 377.69476, 528.65905, 780.00000 )
a.ts <- ts(data,start=c(2005,1),frequency=12)
# FORECASTS
arima011_css =stats::arima(x = a.ts, order = c(0, 1, 1), method = "CSS") # css estimate
arima011_forecast = forecast(arima011_css, h=10, level=c(99.5))
arima321_css =stats::arima(x = a.ts, order = c(3, 2, 1), method = "CSS") # css estimate
arima321_forecast = forecast(arima321_css, h=10, level=c(99.5))
# MY ATTEMPT AT PLOTS
plot(arima321_forecast)
par(new=T)
plot(arima011_forecast)
Here is something similar to @jay.sf but using ggplot2.
library(ggplot2)
autoplot(a.ts) +
autolayer(arima011_forecast, series = "ARIMA(0,1,1)", alpha = 0.5) +
autolayer(arima321_forecast, series = "ARIMA(3,2,1)", alpha = 0.5) +
guides(colour = guide_legend("Model"))
Created on 2020-05-19 by the reprex package (v0.3.0)