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Codeless Time Series Analysis with KNIME

Codeless Time Series Analysis with KNIME

By : KNIME AG , Corey Weisinger, Maarit Widmann, Daniele Tonini
4.8 (10)
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Codeless Time Series Analysis with KNIME

Codeless Time Series Analysis with KNIME

4.8 (10)
By: KNIME AG , Corey Weisinger, Maarit Widmann, Daniele Tonini

Overview of this book

This book will take you on a practical journey, teaching you how to implement solutions for many use cases involving time series analysis techniques. This learning journey is organized in a crescendo of difficulty, starting from the easiest yet effective techniques applied to weather forecasting, then introducing ARIMA and its variations, moving on to machine learning for audio signal classification, training deep learning architectures to predict glucose levels and electrical energy demand, and ending with an approach to anomaly detection in IoT. There’s no time series analysis book without a solution for stock price predictions and you’ll find this use case at the end of the book, together with a few more demand prediction use cases that rely on the integration of KNIME Analytics Platform and other external tools. By the end of this time series book, you’ll have learned about popular time series analysis techniques and algorithms, KNIME Analytics Platform, its time series extension, and how to apply both to common use cases.
Table of Contents (20 chapters)
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1
Part 1: Time Series Basics and KNIME Analytics Platform
7
Part 2: Building and Deploying a Forecasting Model
14
Part 3: Forecasting on Mixed Platforms

Chapter 14: Combining KNIME and H2O to Predict Stock Prices

In every book about time series analysis, there must be at least one example application to predict stock prices, that is, the forecasting problem. So, we conclude this book with a final chapter describing a forecasting application and the integration of KNIME Analytics Platform with H2O, which is another open source platform.

The stock price prediction problem is infamously difficult to reach accurate results for as the data changes quickly, on a daily basis. Furthermore, the drivers of these changes vary from physical factors, such as environmental disasters, to socio-economic factors such as political elections, and even to random factors that cannot be predicted. Thus, we're dealing with data with complex structures and interrelationships, which, as a result of the increased number of exchanges in the globalized stock market, is produced at a high frequency and processed in real time.

At the same time, the...

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