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Financial stability indicator predictability by support vector machines

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11230%2F12%3A10124482" target="_blank" >RIV/00216208:11230/12:10124482 - isvavai.cz</a>

  • Result on the web

    <a href="http://mme2012.opf.slu.cz/proceedings/pdf/062_Ivankova.pdf" target="_blank" >http://mme2012.opf.slu.cz/proceedings/pdf/062_Ivankova.pdf</a>

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Financial stability indicator predictability by support vector machines

  • Original language description

    Support Vector Machines are a successful machine-learning algorithm used for classication, regression and prediction of time series. We optimize learning parameters and select the feature set with the smallest predictive error. We also explore the development of errors for predictions with larger time skips. We've applied the method for the prediction of CISS (Composite Indicator of Systemic Stress), a stability indicator created by the European Central Bank. We've chosen this indicator among other state-of-the-art indicators because of its high frequency, which indicates a quick response to distinctive changes on the market. The results show that CISS can be partially explained just by its past values up to six to eight weeks ahead, but large behaviour shifts are still surprising for the model. We've also discovered that including data over three months of age into the prediction context won't improve the results.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AH - Economics

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2012

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Proceedings of 30th International Conference Mathematical Methods in Economics

  • ISBN

    978-80-7248-779-0

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    361-366

  • Publisher name

    Silesian University in Opava

  • Place of publication

    Karviná

  • Event location

    Karviná

  • Event date

    Sep 11, 2012

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article