Convert a time series of observations to a time series of standardised indices that can be used to monitor variables on a common and probabilistically interpretable scale. The indices can be aggregated and rescaled to different time scales, visualised using plot capabilities, and calculated using a range of distributions. This includes flexible non- and semi-parametric methods, as suggested by Allen and Otero (2023) <doi:10.1016/j.renene.2023.119206>.
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