Prophet

Prophet is an open-source time-series forecasting library developed by Meta that is designed to be intuitive, flexible, and robust. It is well suited for business and operational data that exhibit clear trends, seasonal patterns, and holiday effects, enabling users to create accurate forecasts with minimal statistical expertise.

Features of Prophet:

• Automatic detection of trends with support for changepoints.
• Built-in modeling of daily, weekly, and yearly seasonality.
• Easy inclusion of holiday and event effects.
• Robust handling of missing data and outliers.
• Interpretable additive model combining trend, seasonality, and holidays.
• Simple API with strong visualization capabilities.
• Works seamlessly with Python and pandas DataFrames.
• Suitable for forecasting metrics such as sales, traffic, and demand.

Prophet Usage:

$ sudo su
$ cd /opt/prophet
$ source venv/bin/activate
$ Check version: python -c "import prophet; print(prophet.__version__)"
  

Disclaimer: Prophet is open-source software distributed under the MIT License. It is developed and maintained by Meta and the open-source community. The software is provided "as is," without warranties or guarantees of any kind. Users are responsible for their use of the software and should ensure compliance with applicable laws, licenses, and data privacy requirements.