How to Use the MOMENT Foundation Models for Time-Series Analysis

Aug 17, 2024 | Educational

Welcome to the revolution in time-series analysis with the MOMENT family of foundation models! These state-of-the-art models are designed for various tasks such as forecasting, classification, anomaly detection, and imputation, making them a versatile tool in the world of data science. In this article, we will guide you through the usage of MOMENT models and address potential troubleshooting issues you may encounter along the way.

Getting Started with MOMENT

Before we dive into the specifics, ensure you’re running Python 3.11. Although support for additional versions is on the horizon, this is the recommended version for optimal performance.

Installation Steps

Follow these simple steps to install the momentfm package:

  • To install via pip, open your terminal and run:
  • pip install momentfm
  • Alternatively, to get the latest version directly from the GitHub repository, you can execute the following command:
  • pip install git+https://github.com/moment-timeseries-foundation-model/moment.git

Loading Pre-trained Models

Now that you have installed the package, let’s load the pre-trained models for various tasks. Think of it as unpacking a toolbox to find the right tool for your task:

Forecasting

from moment import MOMENTPipeline
model = MOMENTPipeline.from_pretrained(
    "AutonLab/MOMENT-1-large", 
    model_kwargs={
        "task_name": "forecasting",
        "forecast_horizon": 96
    }
)
model.init()

Classification

from moment import MOMENTPipeline
model = MOMENTPipeline.from_pretrained(
    "AutonLab/MOMENT-1-large", 
    model_kwargs={
        "task_name": "classification",
        "n_channels": 1,
        "num_class": 2
    }
)
model.init()

Anomaly Detection and Imputation

from moment import MOMENTPipeline
model = MOMENTPipeline.from_pretrained(
    "AutonLab/MOMENT-1-large", 
    model_kwargs={"task_name": "reconstruction"}
)
model.init()

Representation Learning

from moment import MOMENTPipeline
model = MOMENTPipeline.from_pretrained(
    "AutonLab/MOMENT-1-large", 
    model_kwargs={"task_name": "embedding"}
)
model.init()

Tutorials and Examples

To help you along the way, a variety of tutorials and reproducible experiments are available for each task:

Troubleshooting

If you encounter issues, here are some troubleshooting tips:

  • Ensure that you have the correct Python version installed.
  • Check that all dependencies are installed properly; if uncertain, try reinstalling the package.
  • If you run into unexpected errors, refer to the GitHub repository for updates or reported issues.
  • For further assistance, feel free to reach out for support.

For more insights, updates, or to collaborate on AI development projects, stay connected with fxis.ai.

Conclusion

At fxis.ai, we believe that such advancements are crucial for the future of AI, as they enable more comprehensive and effective solutions. Our team is continually exploring new methodologies to push the envelope in artificial intelligence, ensuring that our clients benefit from the latest technological innovations.

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