Time series data is often analyzed in the time domain, but many systems exhibit patterns that are more easily understood in the frequency domain.
The Fourier transform is a crucial tool in frequency domain analysis, allowing the conversion of a time-domain signal into its constituent frequencies.
Applying the Fourier transform in time series analysis helps identify dominant cycles, remove noise, extract features, and detect anomalies or structural breaks.
This article explores the concept of Fourier transform, its implementation in Python, and its application in revealing hidden structures in real-world time series data.