• DocumentCode
    572487
  • Title

    The comparisons of four methods for financial forecast

  • Author

    Zhu, Anmin ; Yi, Xin

  • Author_Institution
    Sch. of Comput. Sci. & Software Eng., Shenzhen Univ., Shenzhen, China
  • fYear
    2012
  • fDate
    15-17 Aug. 2012
  • Firstpage
    45
  • Lastpage
    50
  • Abstract
    With the development of economy and the change of people investing consciousness, financial investment has become an important issue currently. Therefore, the financial prediction becomes an important investment tool to financial investors. Stock prediction plays a crucial role in a wide range of forecast in the financial market. It can also be extended to other fields of the financial forecast. In this paper, current stock forecasting methods are introduced first. Then a variety of prediction models are mainly introduced, which are the current popular four kinds of methods: BPN (back propagation network), ELMAN, SVM (support vector machine) and WNN (wavelet neural network). The cross validation method is added to find the optimal parameters in these four methods. Experiments with three different kinds of stocks are conducted to verify these four methods. The advantages and limitations of these methods are given by analyzing and comparing the experiment results.
  • Keywords
    backpropagation; economic forecasting; financial data processing; stock markets; support vector machines; BPN; SVM; WNN; back propagation network; cross validation method; financial forecast; financial investment; financial market; financial prediction; investment tool; optimal parameters; stock forecasting methods; support vector machine; wavelet neural network; Biological neural networks; Optimization; Support vector machines; Training; Vectors; Wavelet transforms; Cross validation; Financial predictions; Neural network; Stock forecasting;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Automation and Logistics (ICAL), 2012 IEEE International Conference on
  • Conference_Location
    Zhengzhou
  • ISSN
    2161-8151
  • Print_ISBN
    978-1-4673-0362-0
  • Electronic_ISBN
    2161-8151
  • Type

    conf

  • DOI
    10.1109/ICAL.2012.6308168
  • Filename
    6308168