N-HiTS — Making Deep Learning for Time Series Forecasting More Efficient

A deep dive into how N-HiTS works and how you can use it

Architecture of N-HiTS (Image taken from Challu and Olivares et al.).

In 2020, N-BEATS was the first deep-learning model to outperform statistical and hybrid models in time series forecasting.

Two years later, in 2022, a new model threw N-BEATS off its throne. Challu and Olivares et al…