A computer-implemented method for monitoring machine performance includes creating one or more computational models for generating one or more estimated output values based on real-time input data. The address binding table establishes a binding between a Layer 2 address and a Layer 3 address of a station. This may be used minimize the effects of demagnetization fields on the active layer. An encoder is mounted on the inner ring and arranged opposite to the wheel speed sensor, via a predetermined air gap.