I have the following dataframe called 'data':
Month | Revenue Index |
---|---|
1920-01-01 | 1.72 |
1920-02-01 | 1.83 |
1920-03-01 | 1.94 |
... | ... |
2021-10-01 | 114.20 |
2021-11-01 | 115.94 |
2021-12-01 | 116.01 |
This is essentially a monthly revenue index on which I am trying to use seasonal_decompose with the following code:
result = seasonal_decompose(data['Revenue Index'], model='multiplicative')
But unfortunately I get the following error:
---------------------------------------------------------------------------
ValueError Traceback (most recent call last)
<ipython-input-39-08e3139bbf77> in <module>()
----> 1 result = seasonal_decompose(data['Consumptieprijsindex'], model='multiplicative')
2 rcParams['figure.figsize'] = 12, 6
3 plt.rc('lines', linewidth=1, color='r')
4
5 fig = result.plot()
/usr/local/lib/python3.7/dist-packages/statsmodels/tsa/seasonal.py in seasonal_decompose(x, model, filt, freq, two_sided, extrapolate_trend)
125 freq = pfreq
126 else:
--> 127 raise ValueError("You must specify a freq or x must be a "
128 "pandas object with a timeseries index with "
129 "a freq not set to None")
ValueError: You must specify a freq or x must be a pandas object with a timeseries index with a freq not set to None
Does anyone know how to solve this issue? Thanks!
The following code in the comments answered my question:
result = seasonal_decompose(data['Revenue Index'], model='multiplicative', period=12)