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StatsForecast

Nixtla
open source / Overall score: 3.6

Nixtla's library of fast statistical forecasting models, compiled with numba and able to fit millions of series on Spark, Dask or Ray. It implements automatic ARIMA, ETS, CES and Theta selection, MSTL and TBATS for multiple seasonalities, GARCH, intermittent-demand models such as Croston and ADIDA, and baselines, about 35 models in all. Nixtla's closed TimeGPT forecasting service is a separate product.

Openness

5 high confidence
5.0
license
Apache-2.0(OSI)
source
public(github.com/Nixtla/statsforecast)
core features withheld
no — Nixtla's paid offering is the separate TimeGPT service

Apache-2.0 and built from the public repository. Nixtla sells TimeGPT, a closed forecasting model reached through an API, and an enterprise plan built on it; the open libraries, StatsForecast included, are listed as free with nothing withheld.

Adoption

4 high confidence
4.0

Measured on monthly PyPI downloads of the statsforecast package.

Capability

3 high confidence
3.0

StatsForecast is a catalog of statistical forecasters with the tools to fit and compare them across many series, and each Auto model selects its own settings. Choosing which model family to use is left to the user, as in sktime, whose toolkit is broader.

  • https://raw.githubusercontent.com/Nixtla/statsforecast/HEAD/README.md recorded 2026-09-27

    README: "Fastest and most accurate implementations of AutoARIMA, AutoETS, AutoCES, MSTL and Theta in Python"; models table covering Automatic Forecasting, ARIMA Family, Theta Family, Multiple Seasonalities, GARCH and ARCH, Baseline, Exponential Smoothing and Sparse or Intermittent models.

Verified 2026-09-27