How to decompose a time series?

How to decompose a time series?

How to decompose a time series?

This recipe helps you decompose a time series


Recipe Objective

Time series decomposition involves thinking of a series as a combination of level, trend, seasonality, and noise components.

So this recipe is a short example on how to decompose a time series. Let's get started.

Step 1 - Import the library

import numpy as np import pandas as pd import matplotlib.pyplot as plt from statsmodels.tsa.seasonal import seasonal_decompose

Let's pause and look at these imports. Numpy and pandas are general ones. Here matplotlib.pyplot will help us in plotting. statsmodels.tsa.seasonal comes handy while analysing patterns.

Step 2 - Setup the Data

df = pd.read_csv('', parse_dates=['date']).set_index('date')

Here, we have used one time series data from github. Also, we have set our index to date.

Now our dataset is ready.

Step 3 - Understanding Trends

result = seasonal_decompose(df, model='additive')

We have simply created an object of seasonal_decompose to understand our model with additive feature.

Step 4 - Printing results

print(result.trend) print(result.seasonal) print(result.resid) print(result.observed)

We are priting the decomposition of our dataset in here

Step 5 - Visualizing


Finally, we have tried to visualize trends in one go.

Step 6 - Lets look at our dataset now

Once we run the above code snippet, we will see:

Scroll down the ipython file to visualize the output.

Relevant Projects

Predict Macro Economic Trends using Kaggle Financial Dataset
In this machine learning project, you will uncover the predictive value in an uncertain world by using various artificial intelligence, machine learning, advanced regression and feature transformation techniques.

Solving Multiple Classification use cases Using H2O
In this project, we are going to talk about H2O and functionality in terms of building Machine Learning models.

Choosing the right Time Series Forecasting Methods
There are different time series forecasting methods to forecast stock price, demand etc. In this machine learning project, you will learn to determine which forecasting method to be used when and how to apply with time series forecasting example.

Demand prediction of driver availability using multistep time series analysis
In this supervised learning machine learning project, you will predict the availability of a driver in a specific area by using multi step time series analysis.

Predict Employee Computer Access Needs in Python
Data Science Project in Python- Given his or her job role, predict employee access needs using amazon employee database.

Machine Learning project for Retail Price Optimization
In this machine learning pricing project, we implement a retail price optimization algorithm using regression trees. This is one of the first steps to building a dynamic pricing model.

Build a Collaborative Filtering Recommender System in Python
Use the Amazon Reviews/Ratings dataset of 2 Million records to build a recommender system using memory-based collaborative filtering in Python.

Build an Image Classifier for Plant Species Identification
In this machine learning project, we will use binary leaf images and extracted features, including shape, margin, and texture to accurately identify plant species using different benchmark classification techniques.

Time Series Forecasting with LSTM Neural Network Python
Deep Learning Project- Learn to apply deep learning paradigm to forecast univariate time series data.

Predict Credit Default | Give Me Some Credit Kaggle
In this data science project, you will predict borrowers chance of defaulting on credit loans by building a credit score prediction model.