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)

Working with DatetimeIndex

The pandas library has many options and features to simplify tedious tasks when working with time-series data, dates, and time.

When working with time-series data in Python, it is common to load into a pandas DataFrame with an index of type DatetimeIndex. As an index, the DatetimeIndex class extends pandas DataFrame capabilities to work more efficiently and intelligently with time-series data. This was demonstrated numerous times in Chapter 2, Reading Time Series Data from Files, and Chapter 3, Reading Time Series Data from Databases.

By the end of this recipe, you will appreciate pandas' rich set of date functionality to handle almost any representation of date/time in your data. Additionally, you will learn how to use different functions in pandas to convert date-like objects to a DatetimeIndex.

How to do it…

In this recipe, you will explore Python's datetime module and learn about the Timestamp and DatetimeIndex classes and...