Time Series Analysis and Examples


Fractionally Integrated Time Series Analysis

Subsections:

This section describes subroutines that are related to fractionally integrated time series analysis. The phenomenon of long memory can be observed in hydrology, finance, economics, and other fields. Unlike what occurs in a stationary process, the correlations between observations of a long-memory series slowly decay to zero.

The following subroutines are supported:

FARMACOV

computes the autocovariance function for a fractionally integrated ARMA model.

FARMAFIT

estimates the parameters for a fractionally integrated ARMA model.

FARMALIK

computes the log-likelihood function for a fractionally integrated ARMA model.

FARMASIM

generates a fractionally integrated ARMA process.

FDIF

computes a fractionally differenced process.