AI engineering glossary · Time series recsys
What is cyclical component?
Cyclical component: Rises and falls in a series that occur without a fixed period, often tied to economic or business conditions and lasting more than a year. Unlike seasonality, their length varies, so they are harder to forecast.
Cyclical component: an example
Real-estate demand swelling and slumping over multi-year credit cycles.
Related terms
More Time series recsys terms
Where you learn it
Cyclical component is part of the AI Engineering Program, which teaches it with notes, a hands-on lab and an exam. The first lesson is free.