All Fed Reserve Banks, Total Assets Less Consolidation Elim.
Why Use This Data Source In Your Models?
This metric measures how money is flowing through the financial sector.
All Fed Reserve Banks, Total Assets Less Consolidation Elim.
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Automated Data Profiling
Suggested Treatment:
Grain Transformation:
Source:
Board of Governors of Fed Reserve System
Release:
Factors Affecting Reserve Balances
Units:
Millions of US Dollars, Not Seasonally Adjusted
Frequency:
Weekly, as of Wednesday
Available Through:
05/13/2025
Suggested Treatment:
The data shows auto correlation and a non-normal distribution. The data should be differenced. While the Order Norm transformation, provides the best normality, the Boxcox variable will also perform well.
Grain Transformation:
Data is able to be distributed by geography but not by time. The roll up method used is Sum.
Auto Correlation Analysis:
Data shows auto correlation indicating a need for differencing
The ACF indicates 1 order differencing is appropriate.
Further differencing is reccommended
Trend Analysis:
The Kwiatkowski-Phillips-Schmidt-Shin (KPSS) test, KPSS Trend = 1.26 p-value = 0.01 indicates that the data is not stationary.
Distribution Analysis:
The Shapiro-Wilk test returned W = 0.79 with a p-value =0.00 indicating the data does not follow a normal distribution.
A skewness score of 1.08 indicates the data are substantially skewed.
Hartigan's dip test score of 0.06 with a p-value of 0.00 inidcates the data is multimodal
Statistics (Pearson P/ df, lower => more normal)
Auto Correlation Function
Auto Correlation Function After Differencing
Partial Auto Correlation Function
Seasonal Impact
Seasonal and Trend Decompostion
Citation:
Board of Governors of the Federal Reserve System (US), Assets: Total Assets: Total Assets (Less Eliminations From Consolidation): Wednesday Level [WALCL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/WALCL, December 19, 2019.