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)

Chapter 12: Forecasting Using Supervised Machine Learning

In this chapter, you will explore different machine learning (ML) algorithms for time series forecasting. Machine learning algorithms can be grouped into supervised learning, unsupervised learning, and reinforcement learning. This chapter will focus on supervised machine learning. Preparing time series for supervised machine learning is an important phase that you will be introduced to in the first recipe.

Furthermore, you will explore two machine learning libraries: scikit-Learn and sktime. scikit-learn is a popular machine learning library in Python that offers a wide range of algorithms for supervised and unsupervised learning and a plethora of tools for data preprocessing, model evaluation, and selection. Keep in mind that scikit-learn, or sklearn, is a generic ML library and not specific to time series data. On the other hand, the sktime library, from the Alan Turing Institute, is a dedicated machine learning library...