RainbowStats™ · Regression commands
RIDGE_REGRESSION
Compare ridge regressions over the existing lambda grid.
Syntax
RIDGE_REGRESSION(list)Returned object
CombinePanel
No result-specific extract keys are documented for this command in this inventory.
Example
RIDGE_REGRESSION(LIST(LOGDIFF(INDPRO),LOGDIFF(PAYEMS)))Interpretation and limitations
The lambda grid is 0.0001, 0.001, 0.01, 0.1, 1, 10, 100 and 1000. The command returns a combined results panel, rather than an ordinary RegressionOperator.