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
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