What is the trend in time series?

Time-dependent trends are a unique feature of time series analysis . If the sequence of events matters, then you need to analyze possible trends. These trends can ultimately be used for creating models that predict future values.

Interpret the key results for Time Series Plot

Trend is a pattern in data that shows the movement of a series to relatively higher or lower values over a long period of time . In other words, a trend is observed when there is an increasing or decreasing slope in the time series. Trend usually happens for some time and then disappears, it does not repeat.12 Ara 2021