What is the F1-Score?
The F1-Score has many names:
- Sørensen’s Similarity Coefficient
- Sørensen–Dice Coefficient
- Dice Similarity Coefficient (DSC)
- Dice’s Coincidence Index
- Hellden’s Mean Accuracy Index
The F1-Score is a metric to evaluate the performance of a binary classifier. It is calculated as the harmonic mean of the precision (PPV) and the recall (TPR). The F1-score has a value between 0 and 1. With 0 being the worst score, the result of having a precision or recall of zero. Finally, 1 is the best score, with perfect precision and recall.
It is best interpreted as a measure of overlap between the true and estimated classes, with a focus on TPs and ignoring TNs.
- The F0.5-Score is an example of the Fβ-Score with a beta of 0.5. It raises the importance of precision relative to recall.
- The F2-Score is an example of the Fβ-Score with a beta of 2. It lowers the importance of precision relative to recall.
Criticism of the F1-Score
The exclusive focus on precision and recall is not without criticism. It focuses on the positive class only and ignores true negatives (TN). That’s why it might not be the best performance metric in situations of class imbalance.