Advanced Analytics
Empowering Decisions With Advanced Insights
Unleashing Insights Through Advanced Quantitative Techniques for Informed Decisions
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Advanced Analytics
ADVANCED ANALYTICS is Saudi Owned Consulting Company based and registered in Saudi Arabia. Our team is passionate to provide their local and regional clients with insights through utilizing advanced quantitative techniques in various fields. We focus on applying advanced techniques of Mathematics, Statistics, Quantitative Finance, Econometrics, and Data Science to assist making data driven decision. Our team offers a blend of highly quantitative credentials in multiple fields, industry expertise, and proven experience.

Mission
To offer adaptive, technical, data driven, and scientific analysis to be utilized in all sectors across all industries of the nation and region.

Vision
To offer adaptive, technical, data driven, and scientific analysis to be utilized in all sectors across all industries of the nation and region.
Founders

AHMED S. ALZAHRANI
PhD, CRA, CAP
Specialized in Applied Econometrics, Macro-Economic System Modeling, Policy Impact Simulation, and Predictive Analytics, with application to Socioeconomics, Behavioral Economics,

Abdulrahman A. Balghunaim
Master of Science in Applied Mathematics (Mathematical Statistics & Probability Track) from DePaul University, Illinois, Chicago, United States of America.
Built Models within
Advanced Analytics
SDCGE MODEL
SDCGE has been developed to be used in studying the economic impact of economic policies, projecting key macroeconomic variables, and monitoring Saudi Arabia's development plans and Economic Reforms.
Main Use
Policy Impact Analysis (Med-Long Term, 3-10 Years)
Medium to Long-term Forecasting of Key Economic Indicators
SVAR MODEL
The Saudi S-VAR is Vector Auto-Regressive Model of Major Macroeconomic Indicators, Augmented with a Structural Macro-econometric Model of 8 blocks and 14 Sectors (86 Activities as per ISIC4) of the economy. The Model contains three main blocks
Main Use
Policy Impact Analysis (Short Term, Upto 2 Years)
Short term Forecasting of Key Economic Indicators
MIMIC MODEL
The MIMIC Model is a Structural Equation Model which takes into account the determination of Shadow Economy's causes and indicators.
Main Use
Estimating and Forecasting the Size Shadow Economy of Saudi (within the formal and informal economy ) and any shadow/ uncaptured economic activity based on the data availability.
Gini - HDI Model
The Gini - HDI Model aims to estimate the factors determining the Gini and HDI Indices and their dimensions and linking them to other economic models to estimate the impact of any future policy if the Gini Coefficient and the Human Developement Index.
Main Use
Capturing Impact Of Economic and Social Policy on the Gini Coefficient and the Human Development Index by Linking the Model to any Economic / Social Model
SNMEM Model
Nested Modelling: If Model A is nested in Model B, then the parameters of Model A are a subset of the parameters of Model B. In the case of a Nested Macro Econometric Model, any previous policy, investment plan, social regulation.
Main Use
Assessment Historical Impact of previously applied policies.
Dynamic Stochastic Labour Transition Model
The Model measures: Inertia, Reliability, Activity Rate, Entrant Rate, Exit Rate, Unemployment Rate, Guve-up Rate, Net Outflow.
Main Use
Provide Analytics of the Saudi Labour Market and could be used to forecast and assess impact of future policies on the measures which the model produces
GAMEbit Toolkit Model
The Gambit Toolkit is a generic game theoretic model for solving extensive and normal form game theoretic models.
Main Use
Gambit is for finite games only. Because of the mathematical structure of finite games, it is possible to write many general- purpose routines for analyzing these games. Thus, Gambit can be used in a wide variety of applications of game theory.
Early Warning System (EWS) Modeling
Recurrent Neural Networks (RNN) and a Deep Learning (DL) approach based on Long-Short Term Memory (LSTM)
Main Use
The intensification of key socioeconomic cycles’ indicators raises concerns about future trends and turning points of such indicators and their impact on economic and social growth and developments plans.
Regional Analytical Model (RAM)
Regional Spatial-intertemporal Data Modeling and Representation using ArcGIS Geostatistical Analytics.
Main Use
ArcGIS Geostatistical Analytics generate optimal surfaces from sample data and evaluate predictions for better decision making. (I)ArcGIS Geostatistical Analytics offers a suite of interactive tools to visually investigate data prior to analysis
Models’ linkages
A Set of Models , Indices, Statistical Tools could be built and linked tailored on the Saudi economy and society representing a Saudi Decision Making Tool Box which consists of multiple tools which compliment each other to provide the best quantifiable insights for the decision makers.











Macro Econometric Model (MEM)
Mimic Models Multiple Indicators Multiple Causes
SVAR Model (Structural Vector Auto-Regressive Model)
Computable General Equilibrium (CGE) Model
Economic Diversification index (EDI)
Longitudinal Customs Dynamic Model (LCDM)
Models’ linkages
A Set of Models , Indices, Statistical Tools could be built and linked tailored on the Saudi economy and society representing a Saudi Decision Making Tool Box which consists of multiple tools which compliment each other to provide the best quantifiable insights for the decision makers.

Longitudinal Customs Dynamic Model
(LCDM)


Economic Diversification index
(EDI)


Computable General Equilibrium (CGE) Model


SVAR Model (Structural Vector Auto-Regressive Model)


Mimic Models Multiple Indicators Multiple Causes


Macro Econometric
Model
(MEM)

Models’ linkages
A Set of Models , Indices, Statistical Tools could be built and linked tailored on the Saudi economy and society representing a Saudi Decision Making Tool Box which consists of multiple tools which compliment each other to provide the best quantifiable insights for the decision makers.

Longitudinal Customs Dynamic Model
(LCDM)


Economic Diversification index
(EDI)


Computable General Equilibrium (CGE) Model


SVAR Model (Structural Vector Auto-Regressive Model)


Mimic Models Multiple Indicators Multiple Causes


Macro Econometric
Model
(MEM)

FAQ
Economic Policy Impact Analysis is an Analysis which tests / studies the effect of a certain Policy which is direct / indirectly applied on a certain Economy. It is an important tool for decision makers to test the effect of their decisions on the economy overall and/or the sector of the economy which they are influencing.
Economic Policy Impact Analysis is an Analysis which tests / studies the effect of a certain Policy which is direct / indirectly applied on a certain Economy. It is an important tool for decision makers to test the effect of their decisions on the economy overall and/or the sector of the economy which they are influencing.
Economic Policy Impact Analysis is an Analysis which tests / studies the effect of a certain Policy which is direct / indirectly applied on a certain Economy. It is an important tool for decision makers to test the effect of their decisions on the economy overall and/or the sector of the economy which they are influencing.
Any quantifiable policy could be tested using a CGE Model. Policies such as Economical, Social, Environmental, and other types of policies could be tested as long as it could be quantifiable.
The output could be broken-down into four main parts:
1.Policy Variables: The assumed policy variables (exogenous) of the forecasts. These variables are not generated by the model but rather inputted directly in the model.
2.Economy Baseline Forecast: The assumed state of the economy forecasted without introducing the policy tested.
3.Policy Forecast: The forecast of the Economy assuming that the Policy tested was applied on the Economy.
4.Policy Impact Forecast: The difference between the Economy Baseline Forecast and the Policy Forecast. This represents the Impact of the selected policy on the Economy.
A list of key economic indicators such as: Real GDP Growth, Private GDP Growth, Oil GDP Growth, Non-Oil GDP Growth, Private Consumption Growth, Investment Growth, GDP Sectors growth, Saudi Unemployment Rate, Inflation Rate, FDI Growth,..etc. Prior to any Economic Impact Analysis activity, the decision maker needs to identify the variable needed in the forecast which best suites his/her interest and supports/enhances the decision.
CONTACT US
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Company Info
KSA: ADVANCED ANALYTICS ECONOMIC CONSULTANCY COMPANY COMMERCIAL REGISTRATION: 1010452188

Address
Al Narjis Commercial Center
2nd Floor, Office # 60
6157 Abi Bakr As Siddiq Branch Rd, An Narjis
Riyadh 13323, Saudi Arabia