Time series forecasting with Prophet

Offered By
Coursera Community Project Network
In this Guided Project, you will:

Create a stock price data set

Build a model in Prophet to forecast stock prices

Optimize model performance through hyperparameter tuning

Clock1 hour
IntermediateIntermediate
CloudNo download needed
VideoSplit-screen video
Comment DotsEnglish
LaptopDesktop only

Time series forecasting is a common data science task that helps organizations with resource allocation, demand planning and strategy management. In this project, you'll get hands-on experience with Facebook's open source library Prophet and you will be equipped with the knowledge to carry out fast, interpretable and reliable forecasts of business time series. You will begin by creating a data set of historical stock prices for Microsoft in Google Sheets. You will then learn how to load the sheet in Python where you'll subsequently explore and preprocess the data set. After that, you will dive right into Prophet. You'll become familiar with the key features of Prophet, and why it is preferred over other libraries. You'll learn about the basic forecasting procedure, options for model construction, adding custom seasonalities and holidays, and hyperparameter tuning for obtaining optimal results. This Guided Project was created by a Coursera community member.

Skills you will develop

Time Series ForecastingPython ProgrammingMachine LearningProphet

Learn step-by-step

In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:

  1. Create your own time series data set in Google Sheets

  2. Link a Google Sheet to a Python program in the Google Colab environment

  3. Create and forecast with a simple Prophet model

  4. Tweak the model's parameters in Prophet to improve your forecasts by adding custom seasonalities and holidays

  5. Automatically tune your model’s parameter to optimize the model’s performance so you get the best results for your data set

  6. Save your model for future use, and retrain it if needed, for example when future data arrives

How Guided Projects work

Your workspace is a cloud desktop right in your browser, no download required

In a split-screen video, your instructor guides you step-by-step

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