US Patent 10579623 Updating data models for streaming data

Dynamically updating a ridge regression data model of a continuous stream of data is disclosed. New data chunks corresponding to a current data accumulation point are received and the data values in the new data chunks are transformed via standardization methods. A ridge estimator for the standardized data that includes data chunks received up to a penultimate data accumulation point to include the new data chunks is dynamically updated. The cumulative observations received up to the current data accumulation point are updated and stored. Predictions for the continuous data stream are generated based on the updated ridge estimator.