Detrending a time series

  • Time series are made up of multiple components including:

    • Long-term trends
    • Seasonal patterns
    • Cyclical (but non-seasonal) patterns
    • Random noise
    • Phenomena of interest
  • Detrending a time series means removing as many components as you can, leaving only the phenomena of interest left to visualize/analyze

  • I recommend the {fable} package for time-series analysis