statsmodels v0.13.0.dev0 Release Notes

Release Date: 2020-08-27 // almost 6 years ago

Previous changes from v0.12.0.rc0

  • 🚀 The statsmodels developers are happy to announce the first release candidate for 0.12.0. 223 issues were closed in this release and 208 pull requests were merged. Major new features include:

    • 🆕 New exponential smoothing model: ETS (Error, Trend, Seasonal)
    • 🆕 New dynamic factor model for large datasets and monthly/quarterly mixed frequency models
    • ⚡️ Decomposition of forecast updates based on the "news"
    • 📜 Sparse Cholesky Simulation Smoother
    • Option to use Chandrasekhar recursions
    • Two popular methods for forecasting time series, forecasting after STL decomposition and the Theta model
    • Functions for constructing complex Deterministic Terms in time series models