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Unveiling the Potential of Text in High-Dimensional Time Series Forecasting

2025/01/13 by Zhou, Xin, Wang, Weiqing, Qu, Shilin +2 · 1 citation
#Artificial Intelligence (cs.AI) #FOS: Computer and information sciences

paper · doi:10.48550/arxiv.2501.07048

Abstract

Time series forecasting has traditionally focused on univariate and multivariate numerical data, often overlooking the benefits of incorporating multimodal information, particularly textual data. In this paper, we propose a novel framework that integrates time series models with Large Language Models to improve high-dimensional time series forecasting. Inspired by multimodal models, our method combines time series and textual data in the dual-tower structure. This fusion of information creates a comprehensive representation, which is then processed through a linear layer to generate the final forecast. Extensive experiments demonstrate that incorporating text enhances high-dimensional time series forecasting performance. This work paves the way for further research in multimodal time series forecasting.

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