Hands-on Time Series Analysis with Python: From Basics to Bleeding Edge Techniques

© B V Vishwas and Ashish Patel 2020

B. V. Vishwas, A. PATELHands-on Time Series Analysis with Pythonhttps://doi.org/10.1007/978-1-4842-5992-4_1

1. Time-Series Characteristics

B V Vishwas¹  and Ashish Patel²

(1)

Infosys, Bengaluru, India

(2)

Cygnet Infotech Pvt Ltd, Ahmedabad, India

 

A time series is a collection of data points that are stored with respect to their time. Mathematical and statistical analysis performed on this kind of data to find hidden patterns and meaningful insight is called time-series analysis . Time-series modeling techniques are used to understand past patterns from the data and try to forecast future horizons. These techniques and methodologies have been evolving for decades.

Observations with continuous timestamps and target variables ...