Stationarity & Seasonality| Time Series Forecasting #1|

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Published 2020-07-14
Time series anlaysis and forecasting are huge right now. With the enormous business applications that can be created using time series forecasting, it becomes crucial to dive into depth of this subject.

In this video i talk about the following things which are absolutely essential before learning time series models:
1)Stationarity ,
2)Why is stationarity required and how to convert non stationary time series into stationary
3)Seasonality and how to remove seasonality from a time series
4) We will also look at various time series plots to master the skills of identifying if a times series is stationary or not

Recommended Books to get better at Time Series Analysis and Python:

1)Practical Time Series Analysis: amzn.to/31lsLhq
2)Time Series with Python: amzn.to/2Ez073m
3)Hands-On Time Series Analysis with R: amzn.to/3aUxuKq

You can connect with me on linkedin at :www.linkedin.com/in/nachiketa-hebbar-86186515b/

Leave any queries in the comments section and thanks for watching !

All Comments (21)
  • @jinks3669
    Dhanyavaad. As a data scientist I found this was very helpful
  • @louisa123
    Thanks for your videos! I'm new to time series forecasting and your content gives me a good overview. I noticed though while reading more on the topic that you might have mixed up first order differencing with lag difference. What you describe ( Y(t) - Y(t-2) ) seems to be called a lag-2 difference and apparently order is how many times you do the whole process.
  • @user-py7jr6yr3v
    amazing content> very superb man i understood each and everything. For this shit i am paying 4 lakh rupees in a university in United states but cannot understand anything here. But this guy made it so simple. Thanks man. Reallly appreciate.
  • @Jevuify
    Nice explanation. Your channel is underrated
  • Love the playlist on Time Series Forecasting. Hope you upload more videos.
  • please do make a video in mathematical calculation in both statistical tests for stationarity
  • @harinatha3102
    This video is worth watching....! Can you please make a video on Augmented Dickey Fuller test.
  • bhai apne itna accha knowledge kaha se liya ??... thanks for passing it brother GOD bless you
  • @chandu9696
    Well explained. Looking forward to more content.
  • @dicloniusN35
    in python arima there is auto differencing? we don't need to fit model with this differenced time series? just select 'I' value? second param