Rank correlation (Kendall tau) of price forecasts, not mean absolute error, determines intraday dispatch value for multi-market battery storage, with tau above 0.85-0.95 capturing 97-100% of perfect-foresight revenue.
arXiv:2504.06932
1 Pith paper cite this work. Polarity classification is still indexing.
1
Pith paper citing it
fields
q-fin.TR 1years
2026 1verdicts
UNVERDICTED 1representative citing papers
citing papers explorer
-
When Forecast Accuracy Fails: Rank Correlation and Decision Quality in Multi-Market Battery Storage Optimization
Rank correlation (Kendall tau) of price forecasts, not mean absolute error, determines intraday dispatch value for multi-market battery storage, with tau above 0.85-0.95 capturing 97-100% of perfect-foresight revenue.