The
root-mean-square deviation (RMSD) or
root-mean-square error (RMSE) is a frequently used measure of the differences between values (sample and population values) predicted by a model or an estimator and the values actually observed. The RMSD represents the
sample standard deviation of the differences between predicted values and observed values. These individual differences are called
residuals when the calculations are performed over the data sample that was used for estimation, and are called
prediction errors when computed out-of-sample. The RMSD serves to aggregate the magnitudes of the errors in predictions for various times into a single measure of predictive power. RMSD is a good measure of
accuracy, but only to compare forecasting errors of different models for a particular variable and not between variables, as it is scale-dependent.