What Does ACF Stand For?

ACF stands for Autocorrelation Function

The Autocorrelation Function (ACF) is a statistical tool used to measure and analyze the correlation of a time series with its own past values. It quantifies the degree of similarity between a given time series and its lagged values over different time intervals. ACF is instrumental in identifying patterns such as seasonality and cyclic behavior, helping to inform models for forecasting and signal processing. It plays a crucial role in various fields, including economics, finance, and environmental science, where understanding temporal dependencies is essential for data analysis and interpretation.

Other Meanings for ACF