I am forecasting some price variable based on VECM. All my variables are transformed to ln , but I would like to forecast the price and not the lnprice , i.e., exp(lnprice):
VECM
-fcast compute- generates the forecasted variable then which I use in a nice graph applying -fcast graph- then.
However, I do not want to graph the forecasted lnprice but the price = exp(lnprice) also still showing the confidence bands (related to price) in the graph.
Any comments how to implement this would really help me.
Thanks for any support in advance!
VECM
Code:
vec lnprice lnx1 lnx2 lnx3 lnx4 lnx5, trend(constant) rank(2) lag(4)
However, I do not want to graph the forecasted lnprice but the price = exp(lnprice) also still showing the confidence bands (related to price) in the graph.
Any comments how to implement this would really help me.
Thanks for any support in advance!
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