BREAKOUT SESSION FINAL – TYPES OF TIME SERIES ANALYSIS
STANSA
NAME: JENNIVEVE D. OCENA COURSE & YEAR: BSA-C06
INDIVIDUAL OUTPUT
Using the
internet define
and provide
infographics that
discuss the TYPES
OF TIME SERIES
ANALYSIS
BREAKOUT SESSION | TIME SERIES ANALYSIS | JENNIVEVE OCENA STANSA23Z C06
N O V E M B E R 2 5, 2 0 2 2
A time series is a sequence of data points that occur in
successive order over some period. This can be contrasted with cross-
sectional data, which captures a point in time. In investing, a time series
tracks the movement of the chosen data points, such as a security’s price,
over a specified period with data points recorded at regular intervals.
There is no minimum or maximum amount of time that must be included,
allowing the data to be gathered in a way that provides the information
being sought by the investor or analyst examining the activity.
What is time
series and time
series analysis?
infographics
Different 1. Time Series in Business Development
applications of Time series forecasting assists firms in making educated
time series business decisions by analyzing historical data trends. The
analysis? approach can be effective in projecting future possibilities and
occurrences in the following ways: Reliability, Growth, Trend
Estimation, & Seasonal Pattern.
2. Time Series in Forecasting Weather
With the passage of time, tailored weather predictions
began to appear in newspapers, and as technology advanced,
forecasts now extend beyond generic weather conditions. Many
governments have established thousands of weather forecasting
stations around the world in order to conduct atmospheric
measurements using computational methods for fast
compilations. These stations are outfitted with highly functional
devices and are linked together to collect weather data at various
geographical locations and forecast weather conditions at any
given time.
3. Time Series in Astronomy
Astronomy, as a specialized subject, relies heavily on
graphing objects, trajectories, and precise measurements, and as
a result, astronomical professionals are adept in time series in
calibrating devices and researching objects of interest. Time
series data has a long history in the astronomy area, for example,
sunspot time series were documented in China around 800 BC,
establishing sunspot data collecting as a well-recorded natural
phenomenon.
4. Time Series in Financial and Business Domain
BREAKOUT SESSION | TIME SERIES ANALYSIS | JENNIVEVE OCENA STANSA23Z C06
N O V E M B E R 2 5, 2 0 2 2
Time series analysis and forecasting are critical
techniques for comprehending financial markets' dynamic and
influential behavior. An expert can predict required forecasts for
important financial applications such as risk evolution, option
pricing and trading, portfolio construction, and so on by
examining financial data. Time series analysis has become an
intrinsic part of financial analysis and can be used to predict
interest rates, foreign currency risk, stock market volatility, and
so on. Financial forecasting is used by policymakers and business
professionals to make judgments regarding production,
purchasing, market sustainability, resource allocation, and so on.
Video
Presentation of
about time series https://www.youtube.com/watch?v=GUq_tO2BjaU&t=13s
analysis
1. Economic Forecasting
2. Sales Forecasting
3. Budgetary Analysis
Time series 4. Stock Market Analysis
analysis for 5. Yield Projections
business 6. Process and Quality Control
applications 7. Inventory Studies
8. Workload Projections
9. Utility Studies
10. Census Analysis
https://www.statisticssolutions.com/free-resources/directory-of-statistical-analyses/time-series-
analysis/
https://statswork.com/blog/category/statistics/corporate/
https://www.analyticssteps.com/blogs/5-applications-time-series-analysis
https://www.itl.nist.gov/div898/handbook/pmc/section4/pmc41.htm
BREAKOUT SESSION | TIME SERIES ANALYSIS | JENNIVEVE OCENA STANSA23Z C06
N O V E M B E R 2 5, 2 0 2 2
