Nextaverages
Nextaverages is a term encountered in discussions of time-series analysis and streaming data analysis. In its broadest sense, it refers to methods that maintain and use averages of data as new observations arrive, with an emphasis on the "next" values to be observed for smoothing or forecasting. The concept encompasses several concrete techniques, including online or incremental running averages, rolling or moving averages, and smoothing methods such as exponential smoothing, all of which update their estimates with a new data point without reprocessing the entire series.
In practice, nextaverages are used to reduce noise in real-time data, monitor trends, and provide short-term
Although not standardized, the term is sometimes used to describe algorithms that adapt their averaging window
Relation to other concepts: Nextaverages overlap with moving averages and online algorithms; they share goals with
Limitations include possible lag, bias in highly volatile data, and sensitivity to window size or smoothing
Related topics include moving average, exponential smoothing, online algorithms, and time-series forecasting.