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

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 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

1. Time Series in Business Development

Time series forecasting assists firms in making educated
business decisions by analyzing historical data trends. The
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
• Different measurements using computational methods for fast
applications of compilations. These stations are outfitted with highly functional
time series devices and are linked together to collect weather data at various
analysis? 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
Time series analysis and forecasting are critical techniques
for comprehending financial markets' dynamic and influential

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 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

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