Cycle

Topic of Forecasting, part of Time series

Cycle

Type Topic
Taught in Forecasting
Part Time series

A repeating rise and fall in a series. A cycle of fixed period, such as twelve months, is seasonality; cycles of varying length, such as business cycles, are not, and a seasonal model does not capture them.

In Forecasting

Plotting a series that R already knows is a time series puts time on the horizontal axis. Figure is not white noise. Deaths are higher in the middle of the year, the northern summer, and lower in winter. A twelve-month cycle is the obvious feature. The overall level is not a straight trend. It sags and then recovers, the sort of slow movement produced when a temporary legal or behavioural change pulls a series down and then lets it drift back.

Used in

See also

Seasonality · Accidental-deaths data · Traffic data · Partial autocorrelation · ARIMA model · Unit root · Trend · Point forecast

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