Search icon CANCEL
Arrow left icon
Explore Products
Best Sellers
New Releases
Books
Videos
Audiobooks
Learning Hub
Conferences
Free Learning
Arrow right icon
Arrow up icon
GO TO TOP
Forecasting Time Series Data with Facebook Prophet

You're reading from   Forecasting Time Series Data with Facebook Prophet Build, improve, and optimize time series forecasting models using the advanced forecasting tool

Arrow left icon
Product type Paperback
Published in Mar 2021
Publisher Packt
ISBN-13 9781800568532
Length 270 pages
Edition 1st Edition
Languages
Tools
Arrow right icon
Author (1):
Arrow left icon
Greg Rafferty Greg Rafferty
Author Profile Icon Greg Rafferty
Greg Rafferty
Arrow right icon
View More author details
Toc

Table of Contents (18) Chapters Close

Preface 1. Section 1: Getting Started
2. Chapter 1: The History and Development of Time Series Forecasting FREE CHAPTER 3. Chapter 2: Getting Started with Facebook Prophet 4. Section 2: Seasonality, Tuning, and Advanced Features
5. Chapter 3: Non-Daily Data 6. Chapter 4: Seasonality 7. Chapter 5: Holidays 8. Chapter 6: Growth Modes 9. Chapter 7: Trend Changepoints 10. Chapter 8: Additional Regressors 11. Chapter 9: Outliers and Special Events 12. Chapter 10: Uncertainty Intervals 13. Section 3: Diagnostics and Evaluation
14. Chapter 11: Cross-Validation 15. Chapter 12: Performance Metrics 16. Chapter 13: Productionalizing Prophet 17. Other Books You May Enjoy

Summary

Hopefully, you experienced no issues installing Prophet on your machine at the beginning of this chapter. The potential challenge of getting the Stan dependency installed is greatly eased by using the Anaconda distribution of Python. After installation, we looked at the carbon dioxide levels measured in the atmosphere two miles above the Pacific Ocean, at Mauna Loa in Hawaii. We built our first Prophet model and, in just 12 lines of code, were able to forecast the next 10 years of carbon dioxide levels.

After that, we inspected the forecast DataFrame and saw the rich results that Prophet outputs. Finally, we plotted the components of the forecast - the trend, yearly seasonality, and weekly seasonality, to better understand the data's behavior.

There is a lot more to Prophet than just this simple example, though. The remainder of this book will be spent demonstrating all of the parameters and additional features available that allow you to have greater control over...

lock icon The rest of the chapter is locked
Register for a free Packt account to unlock a world of extra content!
A free Packt account unlocks extra newsletters, articles, discounted offers, and much more. Start advancing your knowledge today.
Unlock this book and the full library FREE for 7 days
Get unlimited access to 7000+ expert-authored eBooks and videos courses covering every tech area you can think of
Renews at AU $24.99/month. Cancel anytime