← Back to home
Comparison · Analytics

modeltime vs statsmodels

A side-by-side editorial comparison of modeltime and statsmodels — release velocity, themes, recent moves, and the top alternatives to consider.

modeltime vs statsmodels: at a glance

Featuremodeltimestatsmodels
SectorAnalyticsAnalytics
Velocity score0.00.0
Sparks · 30d00
Top themesforecasting, conformal-prediction, tidymodels, parallelismstatistics, python, compatibility, maintenance
Last editorial update1h ago2h ago
WebsiteVisit →Visit →

What is modeltime?

modeltime built conformal intervals in, then went quiet on features.

modeltime is at 1.3.3, a single change making the package robust to xgboost version shifts. The feature weight sits in 1.3.2, which added a future-based parallel backend, the maape() accuracy metric and dials helpers for ADAM engine tuning, and further back in the 1.2.8 and 1.3.0 pair that introduced conformal prediction intervals and then carried them through the nested forecasting workflow.

Read the full modeltime trajectory →

What is statsmodels?

statsmodels ships only what the ecosystem breaks — six releases, no new statistics.

Every release in this window is a compatibility release. 0.14.2 and 0.14.3 absorbed NumPy 2, 0.14.5 fixed an import failure caused by SciPy 1.16, and 0.14.6 did the same for pandas 3.0. The only additive change across two years is Pyodide support in 0.14.4, described in its own notes as one feature and no fixes. A 0.15.0.dev0 tag exists from 2023 and has not been followed by a 0.15 release.

Read the full statsmodels trajectory →

modeltime vs statsmodels: editorial side-by-side

M
modeltime
ANALYTICS
0.0

modeltime built conformal intervals in, then went quiet on features.

◆ Current state

modeltime is at 1.3.3, a single change making the package robust to xgboost version shifts. The feature weight sits in 1.3.2, which added a future-based parallel backend, the maape() accuracy metric and dials helpers for ADAM engine tuning, and further back in the 1.2.8 and 1.3.0 pair that introduced conformal prediction intervals and then carried them through the nested forecasting workflow.

◆ Where it's heading

The arc runs from uncertainty quantification to execution. Conformal intervals arrived first and were then threaded through nested fitting, refitting and the printed forecast tables so users can see which confidence method produced an interval. The later work moves down a layer to how forecasts are computed — a portable future backend replacing foreach tuning — rather than what they express.

◆ Prediction

With only an xgboost compatibility fix since the 1.3.2 feature release, the entries do not support a confident prediction about what comes next beyond continued dependency maintenance.

S
statsmodels
ANALYTICS
0.0

statsmodels ships only what the ecosystem breaks — six releases, no new statistics.

◆ Current state

Every release in this window is a compatibility release. 0.14.2 and 0.14.3 absorbed NumPy 2, 0.14.5 fixed an import failure caused by SciPy 1.16, and 0.14.6 did the same for pandas 3.0. The only additive change across two years is Pyodide support in 0.14.4, described in its own notes as one feature and no fixes. A 0.15.0.dev0 tag exists from 2023 and has not been followed by a 0.15 release.

◆ Where it's heading

The library is being kept alive rather than developed: each release answers a break introduced upstream, and the interval between them is set by the NumPy, SciPy and pandas release calendars rather than by anything statsmodels is building. Two consecutive releases whose stated purpose was restoring the ability to import the package is the sharpest available signal about maintainer bandwidth. The 0.15 line remains a dev tag with no visible progress toward a release.

◆ Prediction

The next release is most likely another compatibility patch triggered by a NumPy, SciPy or pandas major, and nothing in these entries indicates 0.15 is close.

Alternatives to modeltime and statsmodels

Other Analytics products tracked by Sparkpulse, ranked by recent ship velocity. Each card links to a full editorial trajectory and lets you pivot into a head-to-head comparison with either modeltime or statsmodels.

See all modeltime alternatives → · See all statsmodels alternatives →

Recent activity from modeltime and statsmodels

Latest ship moves from both products, interleaved chronologically. ⚡ = editorial spark.

  1. 7mo agomodeltimeRobustness to xgboost version changes
  2. 8mo agostatsmodels0.14.6: restores importing under pandas 3.0
  3. 11mo agomodeltimefuture parallel backend, maape() metric and ADAM tuning helpers
  4. 1y agostatsmodels0.14.5: restores importing under SciPy 1.16
  5. 1y agostatsmodels0.14.4: Pyodide support
  6. 1y agostatsmodels0.14.3: NumPy 2 environments and corrected macOS builds
  7. 2y agostatsmodels0.14.2: full NumPy 2 compatibility
  8. 2y agostatsmodelsRelease 0.14.1
  9. 2y agomodeltimeConformal intervals reach the nested forecasting workflow
  10. 2y agomodeltimeConformal prediction intervals introduced
  11. 3y agomodeltimeFixes the Smooth es() model
  12. 3y agomodeltimeFixes failing developer-tools tests

Frequently asked questions

What is the difference between modeltime and statsmodels?

They serve adjacent needs but don't currently overlap on shipped themes. modeltime and statsmodels are shipping at a similar cadence (velocity 0.0 vs 0.0, both within Sparkpulse's "active" band). See the at-a-glance table above for a side-by-side breakdown of velocity, recent sparks, and editorial themes.

Is modeltime better than statsmodels?

Sparkpulse doesn't pick a winner — we score release velocity, not feature parity. modeltime and statsmodels are shipping at a similar cadence (velocity 0.0 vs 0.0, both within Sparkpulse's "active" band). For your specific use case, the alternatives sections above list other Analytics products to evaluate alongside.

What are the best alternatives to modeltime?

Top modeltime alternatives in Analytics are ranked by recent ship velocity. Browse the "modeltime alternatives" section above for the current picks, or visit /alternatives/modeltime for the full list with editorial commentary on each.

What are the best alternatives to statsmodels?

Top statsmodels alternatives in Analytics are ranked by recent ship velocity. Browse the "statsmodels alternatives" section above for the current picks, or visit /alternatives/statsmodels for the full list with editorial commentary on each.