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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

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Product type Paperback
Published in Mar 2021
Publisher Packt
ISBN-13 9781800568532
Length 270 pages
Edition 1st Edition
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Author (1):
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Greg Rafferty Greg Rafferty
Author Profile Icon Greg Rafferty
Greg Rafferty
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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

Specifying custom changepoint locations

James Rodríguez is a Colombian soccer player who played in both the 2014 and 2018 World Cups. He was a standout player in both Cups but won the Golden Boot award in 2014 for scoring more goals than any other player in the competition. I chose his account because it exhibits some very interesting behavior that would be extremely difficult to model without changepoints:

Figure 7.10 – James Rodríguez's Instagram likes per day

The number of likes his Instagram posts get is gradually increasing over time. But there are two notable spikes, in the summers of 2014 and 2018 when he was playing in the World Cup. It is clear that the spike in 2014 resulted in a significant trend change. The number of likes his posts were getting increased dramatically during the World Cup and dropped afterwards, but not to the same baseline as before. He had gained a large number of new followers during this period and consistently...

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