Working with Time Series Data in pandas: Beyond Year-End with `pandas.tseries.offsets`


Data Offsets in pandas

  • The pandas.tseries.offsets module offers various offset classes for different time granularities.
  • They provide a convenient way to add or subtract specific time periods (e.g., days, weeks, years) to pandas DatetimeIndex or Timestamp objects.
  • In pandas, data offsets are specialized objects used to represent increments or decrements in time series data.

YearEnd Offset

  • When applied to a date, it moves the date to the December 31st of the same year (or the nearest December 31st if the date is already in December).
  • The YearEnd offset specifically refers to the last day of a year.

YearEnd.nanos Attribute

  • It returns the number of nanoseconds represented by the offset.

  • The nanos attribute is a property of most offset classes in pandas, including YearEnd.

In essence

  • YearEnd.nanos is not typically used with YearEnd offsets because they don't represent nanosecond intervals.
  • pandas.tseries.offsets.YearEnd is used for year-end adjustments in time series data.
import pandas as pd

# Create a pandas Timestamp
ts = pd.Timestamp('2023-08-15')

# Create a YearEnd offset
year_end_offset = pd.offsets.YearEnd()

# Add the YearEnd offset to the Timestamp (moves to December 31st, 2023)
new_ts = ts + year_end_offset
print(new_ts)  # Output: 2023-12-31 00:00:00


Moving a Date by Specific Years

import pandas as pd

# Create a pandas Timestamp
ts = pd.Timestamp('2024-02-10')

# Move the date by 3 years (YearOffset)
three_years_offset = pd.offsets.YearOffset(years=3)
new_ts = ts + three_years_offset
print(new_ts)  # Output: 2027-02-10 00:00:00

# Move the date back 2 years (negative offset)
two_years_back = pd.offsets.YearOffset(years=-2)
previous_ts = ts + two_years_back
print(previous_ts)  # Output: 2022-02-10 00:00:00

Adding Months to a Date

# Create a pandas Timestamp
ts = pd.Timestamp('2024-05-20')

# Move the date by 4 months (MonthEndOffset)
four_months_offset = pd.offsets.MonthEnd(months=4)
new_ts = ts + four_months_offset
print(new_ts)  # Output: 2024-09-30 00:00:00 (goes to the last day of September)

Weekly Adjustments (Week Offset)

# Create a pandas Timestamp
ts = pd.Timestamp('2024-06-18')  # Tuesday

# Move the date forward by 2 weeks (note it lands on Wednesday)
two_weeks_offset = pd.offsets.Week(weeks=2)
new_ts = ts + two_weeks_offset
print(new_ts)  # Output: 2024-07-03 00:00:00

# Move the date backward by 1 week (note it lands on Monday)
one_week_back = pd.offsets.Week(weeks=-1)
previous_ts = ts + one_week_back
print(previous_ts)  # Output: 2024-06-10 00:00:00
# Create a pandas Timestamp
ts = pd.Timestamp('2024-06-20')

# Move the date forward by 5 days
five_days_offset = pd.offsets.Day(days=5)
new_ts = ts + five_days_offset
print(new_ts)  # Output: 2024-06-25 00:00:00

# Move the date backward by 3 days (negative offset)
three_days_back = pd.offsets.Day(days=-3)
previous_ts = ts + three_days_back
print(previous_ts)  # Output: 2024-06-17 00:00:00


Using a Different Offset Class

  • If you need to work with nanoseconds, consider using pandas.tseries.offsets.Nano offset class:
import pandas as pd

# Create a pandas Timestamp
ts = pd.Timestamp('2024-06-20')

# Move the date forward by 1 nanosecond
one_nanosecond_offset = pd.offsets.Nano(n=1)
new_ts = ts + one_nanosecond_offset
print(new_ts)  # Output: 2024-06-20 00:00:00.000000001  (notice the added nanosecond)

Combining YearEnd with Smaller Offsets

  • If you need to adjust the year end by a specific number of nanoseconds, combine YearEnd with Nano:
# Move to the next year end
year_end_offset = pd.offsets.YearEnd()

# Create a 500 nanosecond offset
nano_adjustment = pd.offsets.Nano(n=500)

# Apply the offsets sequentially
new_ts = ts + year_end_offset + nano_adjustment
print(new_ts)  # Output: (depends on the current year, but will be December 31st with 500 nanoseconds added)

Using Timedelta for Nanosecond Adjustments

  • For more flexibility in nanosecond adjustments, consider using pandas.Timedelta:
# Create a pandas Timedelta with 1 nanosecond
nanosecond_delta = pd.Timedelta(nanoseconds=1)

# Add the Timedelta to the Timestamp
new_ts = ts + nanosecond_delta
print(new_ts)  # Output: 2024-06-20 00:00:00.000000001  (similar to using Nano offset)

Choosing the Right Approach

The best approach depends on your specific use case:

  • Remember, YearEnd.nanos is not intended for nanosecond calculations.
  • If year-end adjustments are important with minor nanosecond tweaks, consider combining YearEnd with Nano.
  • If nanosecond adjustments are the primary focus, use Nano or Timedelta.