What is a regular time series? If a time series is daily, monthly, or
weekly, then we speak of a regular series. This can be tested calling
the functions isDaily, isMonthly, isQuarterly, or
in general isRegular. If the series is regular then its
frequency can be determined by calling frequency.
Here are the definitions of daily, monthly, and quarterly time series:
- daily
if the series has no more than one date/time stamp per
day.
- monthly
if the series has no more than one date/time stamp
per month.
- quarterly
if the series has no more than one date/time stamp
per quarter.
A regular series is either a monthly or a quarterly series.
Note that with the above definitions a monthly series is also a daily
series, a quarterly series is also a monthly series. On the other
hand, a daily series is not regular!
NOT yet implemented is the case of weekly series.