Detrend

To remove the general drift, tendency or bent of a set of statistical data as related to time. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • Detrend — In forecasting models, the process of removing the effects of accumulating data sets from a trend to show only the absolute changes in values and to allow potential cyclical patterns to be identified. This is done using regression and other… …   Investment dictionary

  • detrend — To remove the general drift, tendency, or bent of a set of statistical data as related to time. Often accomplished by regressing ( regression) a variable or a time index and perhaps the square of the time index and capturing the residuals. A… …   Financial and business terms

  • detrend — verb to manipulate data to remove long term trends in order to emphasise short term changes …   Wiktionary

  • Hodrick-Prescott (HP) Filter — A data smoothing technique that is commonly applied to remove short term fluctuations that are associated with the business cycle, thereby revealing long term trends. The HP filter is used to determine the long term trend of a time series by… …   Investment dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.