statsmodels v0.12.0 Release Notes

Release Date: 2020-08-27 // over 1 year ago
  • ๐Ÿš€ The statsmodels developers are happy to announce release 0.12.0. 239 issues were closed in this release and 221 pull requests were merged.

    Major new features include:

    • ๐Ÿ†• New exponential smoothing model: ETS (Error, Trend, Seasonal)
    • ๐Ÿ†• New dynamic factor model for large datasets and monthly/quarterly mixed frequency models
    • โšก๏ธ Decomposition of forecast updates based on the "news"
    • ๐Ÿ“œ 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
    • ๐Ÿ†• New statistics function: one-way ANOVA-type tests, hypothesis tests for 2-samples and meta-analysis.