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dfms vs forestly

A side-by-side editorial comparison of dfms and forestly — release velocity, themes, recent moves, and the top alternatives to consider.

dfms vs forestly: at a glance

Featuredfmsforestly
SectorAnalyticsAnalytics
Velocity score0.00.0
Sparks · 30d00
Top themesnowcasting, state-space-models, econometrics, ropensciclinical-safety, adverse-events, data-visualization, r-language
Last editorial update3h ago1h ago
WebsiteVisit →Visit →

What is dfms?

Peer-reviewed, feature-complete, and now able to hand its models to other forecasting engines.

dfms estimates dynamic factor models in R, the workhorse for nowcasting economic activity from ragged, mixed-frequency data. The package worked through the Banbura and Modugno (2014) specification in stages — quarterly variables in 0.3.0, AR(1) idiosyncratic errors combined with mixed frequency in 0.4.0 — then declared 1.0.0 feature-complete on completing rOpenSci peer review, adding news decomposition to attribute forecast revisions to specific data releases. Version 1.0.1 adds convert(), which exports fitted models to dlm or KFAS state-space objects.

Read the full dfms trajectory →

What is forestly?

forestly built an interactive safety review tool, then taught it to produce submission-ready RTF.

forestly renders adverse-event forest plots as interactive reactable widgets — filterable by AE category, with sliders for incidence thresholds and a toggle for the risk-difference column. Version 0.1.3 added `rtf_static_forestly()` for static RTF output, and 0.1.4 has been about giving the display owner control over what reviewers see: the CSV download button, the AE filter label, and the diff toggle can each be switched off.

Read the full forestly trajectory →

dfms vs forestly: editorial side-by-side

D
dfms
ANALYTICS
0.0

Peer-reviewed, feature-complete, and now able to hand its models to other forecasting engines.

◆ Current state

dfms estimates dynamic factor models in R, the workhorse for nowcasting economic activity from ragged, mixed-frequency data. The package worked through the Banbura and Modugno (2014) specification in stages — quarterly variables in 0.3.0, AR(1) idiosyncratic errors combined with mixed frequency in 0.4.0 — then declared 1.0.0 feature-complete on completing rOpenSci peer review, adding news decomposition to attribute forecast revisions to specific data releases. Version 1.0.1 adds convert(), which exports fitted models to dlm or KFAS state-space objects.

◆ Where it's heading

The package has finished the implementation programme it set out in its 2023 vignette and is now working on the edges: interoperability with other state-space packages rather than more estimation methods of its own. The convert() function is the clearest signal — instead of implementing smoothing and prediction intervals natively, it hands the model to packages that already have them. The rOpenSci move also puts it on a review-backed, documented footing that research users can cite.

◆ Prediction

Expect continued interoperability and diagnostic work rather than new estimators, since the maintainer has explicitly scoped the package as complete. Bug fixes against RcppArmadillo releases will likely remain the other recurring driver.

F
forestly
ANALYTICS
0.0

forestly built an interactive safety review tool, then taught it to produce submission-ready RTF.

◆ Current state

forestly renders adverse-event forest plots as interactive reactable widgets — filterable by AE category, with sliders for incidence thresholds and a toggle for the risk-difference column. Version 0.1.3 added `rtf_static_forestly()` for static RTF output, and 0.1.4 has been about giving the display owner control over what reviewers see: the CSV download button, the AE filter label, and the diff toggle can each be switched off.

◆ Where it's heading

The arc runs from a fixed interactive widget toward a configurable one with two output modes. Nearly every new argument in the last two releases exists to remove something from the display or relabel it, which suggests the users driving development are producing outputs for others to review under conventions they do not control. The x-axis range, column header, figure header and slider range arguments point the same way — this is a tool being fitted into standardised reporting rather than used ad hoc.

◆ Prediction

Given that the last two releases have consisted almost entirely of display-control arguments, the next is likely more of the same, applied to whichever parts of the interactive layout are still fixed.

Alternatives to dfms and forestly

Other Analytics products tracked by Sparkpulse, ranked by recent ship velocity. Each card links to a full editorial trajectory and lets you pivot into a head-to-head comparison with either dfms or forestly.

See all dfms alternatives → · See all forestly alternatives →

Recent activity from dfms and forestly

Latest ship moves from both products, interleaved chronologically. ⚡ = editorial spark.

  1. 1mo agodfmsconvert() exports models to dlm and KFAS state-space objects
  2. 5mo agoforestlyDownload button, AE filter label and diff toggle become optional
  3. 6mo agodfms1.0: rOpenSci review passed, news decomposition added
  4. 6mo agodfmsMixed-frequency estimation gains AR(1) idiosyncratic errors
  5. 9mo agodfmsC++ compatibility with RcppArmadillo 15.0.2
  6. 11mo agoforestlyStatic RTF forest plots join the interactive output
  7. 1y agodfmsFixes estimation with a single quarterly variable
  8. 1y agodfmsAdds mixed-frequency estimation via quarterly.vars
  9. 1y agoforestlyreactR 0.6.0 rendering fix and slider label control
  10. 2y agoforestlyTreatment group selection and rough-edge fixes
  11. 3y agoforestlyFirst release on GitHub and CRAN

Frequently asked questions

What is the difference between dfms and forestly?

They serve adjacent needs but don't currently overlap on shipped themes. dfms and forestly are shipping at a similar cadence (velocity 0.0 vs 0.0, both within Sparkpulse's "active" band). See the at-a-glance table above for a side-by-side breakdown of velocity, recent sparks, and editorial themes.

Is dfms better than forestly?

Sparkpulse doesn't pick a winner — we score release velocity, not feature parity. dfms and forestly are shipping at a similar cadence (velocity 0.0 vs 0.0, both within Sparkpulse's "active" band). For your specific use case, the alternatives sections above list other Analytics products to evaluate alongside.

What are the best alternatives to dfms?

Top dfms alternatives in Analytics are ranked by recent ship velocity. Browse the "dfms alternatives" section above for the current picks, or visit /alternatives/dfms for the full list with editorial commentary on each.

What are the best alternatives to forestly?

Top forestly alternatives in Analytics are ranked by recent ship velocity. Browse the "forestly alternatives" section above for the current picks, or visit /alternatives/forestly for the full list with editorial commentary on each.