Cycle Movement

It is a variable element in the time-series analysis of forecast, and is also called economic fluctuation. This periodic fluctuation usually occurs in a cycle of three to fifteen (on average) years, but some have longer cycle, which can be regarded as trend. In addition, around 40 months' cycle is called Kitchen wave or inventory cycle, the cycle of about ten years is called Juglar wave, and the cycle of half-a-century or longer is called Kondratieff wave.


Related term: Time Series Analysis