D 2016

FORECASTING FINANCIAL DATA: A COMBINED MODEL OF FUZZY NEURAL NETWORK AND STATISTICS

MARČEK, Dušan

Basic information

Original name

FORECASTING FINANCIAL DATA: A COMBINED MODEL OF FUZZY NEURAL NETWORK AND STATISTICS

Authors

MARČEK, Dušan (703 Slovakia, guarantor, belonging to the institution)

Edition

Volume 10. Singapore, Uncertainty Modelling in Knowledge Engineering and Decision Making: Proceedings of the 12th International FLINS Conference (FLINS 2016), p. 1137-1142, 6 pp. 2016

Publisher

World Scientific Publishing

Other information

Language

English

Type of outcome

Stať ve sborníku

Field of Study

20205 Automation and control systems

Country of publisher

Singapore

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

electronic version available online

RIV identification code

RIV/47813059:19240/16:A0000126

Organization unit

Faculty of Philosophy and Science in Opava

ISBN

978-981-314-698-3

UT WoS

000417158200175

Keywords in English

Financial Data Forecasting; Fuzzy neural network; Statistical modelling; Combined model

Tags

Tags

International impact, Reviewed

Links

LQ1602, research and development project.
Změněno: 7/1/2020 11:14, Mgr. Kamil Matula, Ph.D.

Abstract

V originále

In this paper, we apply the ARMA/ARCH methodology to develop forecasting models and compare their forecast accuracy with a class of novel hybrid fuzzy logic RBF neural network models. The used novel approach deals with nonlinear estimate of various RBF NN-based ARMA/GARCH methodologies. Our results show that the proposed approach achieves better forecast accuracy on the validation dataset than most available techniques.