I have created couple of graphs in R d5 <- scan('d500.txt') p1 <- acf(d5,lag.max = 36 ,type = c("covariance"),plot = TRUE) [![enter image description here][1]][1] Then the next one is correlation p1 <- acf(d5,lag.max = 36 ,type = c("correlation"),plot = TRUE) [![enter image description here][2]][2] And pacf p1 <- pacf(d5,lag.max = 36 ,plot = TRUE) [![enter image description here][3]][3] If I take a one difference operation d51 <- diff(d5) p1 <- acf(d51,lag.max = 36 ,type = c("correlation"),plot = TRUE) [![enter image description here][4]][4] And then again acf [![enter image description here][5]][5] and pacf [![enter image description here][6]][6] [1]: https://i.sstatic.net/c0eMc.png [2]: https://i.sstatic.net/VXNEL.png [3]: https://i.sstatic.net/OmvAk.png [4]: https://i.sstatic.net/D5cen.png [5]: https://i.sstatic.net/k0FXk.png [6]: https://i.sstatic.net/IqeOz.png How to interpret this?What does sinusoidal acf(cov) shows?