Introducing the AFOM as an alternative metric to AUC for imbalanced data

dc.contributor.authorPerales
dc.contributor.departmentEconomíaes_ES
dc.contributor.departmentEkonomiaeu
dc.contributor.departmentInstitute for Advanced Research in Business and Economics - INARBEen
dc.date.accessioned2025-05-09T08:41:49Z
dc.date.available2025-05-09T08:41:49Z
dc.date.issued2024-06-10
dc.description.abstractDiagnostic testing refers to the classification of the presence or absence of specific conditions using an index variable. Commonly utilized tools in this domain include the Receiver Operating Characteristic (ROC) curves and their Area Under the Curve (AUC). These methodologies assess the ability of various thresholds of the index variable to correctly classify a binary outcome. However, AUC can provide an overly optimistic assessment when applied to imbalanced data and may evaluate thresholds that lack practical relevance in real-world scenarios. To address these limitations, our study introduces the area under the FOM curve (AFOM) as a novel metric for evaluating diagnostic performance. The AFOM metric prioritizes the most relevant thresholds, making it less dependent on prevalence rates. We demonstrate that AFOM provides a more consistent measure of diagnostic ability when prevalence is low, favoring those thresholds with less quantity disagreement.en
dc.format.mimetypeapplication/pdfen
dc.identifier.citationPerales Barriendo, J., Campion Arrastia, M. J., Dominguez Irastorza, E., & Oses Eraso, N. (2024). Introducing the AFOM as an alternative metric to AUC for imbalanced data. Documentos de Trabajo - Lan Gaiak, 2401. Departamento de Economía - Universidad Pública de Navarra.
dc.identifier.urihttps://academica-e.unavarra.es/handle/2454/54098
dc.language.isoeng
dc.relation.ispartofseriesDocumentos de Trabajo DE - ES Lan Gaiak
dc.relation.ispartofseries2401
dc.rightsCC Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0)
dc.rights.accessRightsinfo:eu-repo/semantics/openAccess
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectDiagnostic testingen
dc.subjectROCen
dc.subjectAUCen
dc.titleIntroducing the AFOM as an alternative metric to AUC for imbalanced dataen
dc.typeinfo:eu-repo/semantics/workingPaper
dspace.entity.typePublication

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