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Calculating Standardised Indices

Sam Allen, Noelia Otero

Last update: 26 January 2024

Copyright license: GNU General Public License, version 3.0, GNU General Public License, version 2.0

Software version identifier: 0.1.0, 0.1.1

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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