Title :
A Novel Financial Risk Evaluation Model Based on Adaptive Genetic Algorithm
Author :
Jiang, Junchen ; Zhang, Ling ; Liu, Zhibin
Author_Institution :
Coll. of Econ. & Trade, Agric. Univ. of Hebei, Baoding, China
Abstract :
For the particularity of electric power enterprises themselves, the commonly methods used to forecast their financial risk is limited and inadequate. To forecast the financial risk of the power enterprises scientifically and accurately, this paper establishes a financial risk evaluation index system with the camel rating thinking, and then describes the adaptive genetic algorithm (AGA) evaluation mechanism. In this paper, we take the financial risk index data as the network operator samples. The financial risk forecast of 4 power enterprises in National Power Company shows that the improved model is stable and reliable, and this method to forecast the financial risk of the power enterprises is feasible.
Keywords :
financial management; genetic algorithms; power markets; risk management; adaptive genetic algorithm; camel rating thinking; electric power enterprise; financial management; financial risk evaluation index system; financial risk evaluation model; power enterprise; Cities and towns; Economic forecasting; Electronic commerce; Financial management; Genetic algorithms; Investments; Power system management; Predictive models; Risk management; Uncertainty; AGA; camel rating system; comprehensive evaluation; financial risk; index system;
Conference_Titel :
Electronic Commerce and Security, 2009. ISECS '09. Second International Symposium on
Conference_Location :
Nanchang
Print_ISBN :
978-0-7695-3643-9
DOI :
10.1109/ISECS.2009.210