Book Image

Time Series Analysis with Python Cookbook

By : Tarek A. Atwan
Book Image

Time Series Analysis with Python Cookbook

By: Tarek A. Atwan

Overview of this book

Time series data is everywhere, available at a high frequency and volume. It is complex and can contain noise, irregularities, and multiple patterns, making it crucial to be well-versed with the techniques covered in this book for data preparation, analysis, and forecasting. This book covers practical techniques for working with time series data, starting with ingesting time series data from various sources and formats, whether in private cloud storage, relational databases, non-relational databases, or specialized time series databases such as InfluxDB. Next, you’ll learn strategies for handling missing data, dealing with time zones and custom business days, and detecting anomalies using intuitive statistical methods, followed by more advanced unsupervised ML models. The book will also explore forecasting using classical statistical models such as Holt-Winters, SARIMA, and VAR. The recipes will present practical techniques for handling non-stationary data, using power transforms, ACF and PACF plots, and decomposing time series data with multiple seasonal patterns. Later, you’ll work with ML and DL models using TensorFlow and PyTorch. Finally, you’ll learn how to evaluate, compare, optimize models, and more using the recipes covered in the book.
Table of Contents (18 chapters)

Detecting outliers with PyCaret

In this recipe, you will explore PyCaret for outlier detection. PyCaret (https://pycaret.org) is positioned as "an open-source, low-code machine learning library in Python that automates machine learning workflows". PyCaret acts as a wrapper for PyOD, which you used earlier in the previous recipes for outlier detection. What PyCaret does is simplify the entire process for rapid prototyping and testing with a minimal amount of code.

You will use PyCaret to examine multiple outlier detection algorithms, similar to the ones you used in earlier recipes, and see how PyCaret simplifies the process for you.

Getting ready

The recommended way to explore PyCaret is to create a new virtual Python environment just for PyCaret so it can install all the required dependencies without any conflicts or issues with your current environment. If you need a quick refresher on how to create a virtual Python environment, check out the Development environment...