River Stage Forecasting using Enhanced Partial Correlation Graph

Various time series forecasting methods have been successfully applied for the water-stage forecasting problem. Graphical time series models are a class of multivariate time series to model the spatio-temporal dependencies between the sensors. Constructing graph-based models involve data pre-processing and correlation analysis to capture the dynamics of different water flow scenarios, which is not scalable for a large network of sensors. This paper presents a novel approach to model spatio-temporal dependencies across river network stations using a partial correlation graph. We also provide a method to enrich this partial correlation graph by eliminating the spurious correlations. We demonstrate the utility of enriched partial correlation graphs in multivariate forecasting for various scenarios and state-of-the-art multivariate forecasting models. We observe that the forecasting techniques that use information from the enriched partial correlation graph outperform standard time series forecasting approaches for river network forecasting.