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Book Overview & Buying
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Table Of Contents
Time Series Analysis with Python Cookbook - Second Edition
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In Chapter 9, you were introduced to popular forecasting techniques such as exponential smoothing, non-seasonal ARIMA, and seasonal ARIMA. These classical statistical approaches are widely used due to their speed, simplicity, and interpretability. Building on that foundation, this chapter introduces advanced statistical methods and powerful libraries that automate time series forecasting and model optimization.
You will learn about Prophet (developed by Facebook, now Meta), a robust tool for handling seasonality and holiday effects in time series forecasting. We’ll also look into statsmodels’ vector autoregressive (VAR) class for multivariate time series modeling and the arch library, which supports GARCH models—essential for forecasting volatility in financial data.
The objective of this chapter is to expand your time series modeling toolkit with these advanced techniques. You will learn how to...