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Some statistical and CI models to predict chaotic high-frequency financial data

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F20%3A10246276" target="_blank" >RIV/61989100:27510/20:10246276 - isvavai.cz</a>

  • Result on the web

    <a href="https://content.iospress.com/articles/journal-of-intelligent-and-fuzzy-systems/ifs189107" target="_blank" >https://content.iospress.com/articles/journal-of-intelligent-and-fuzzy-systems/ifs189107</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.3233/JIFS-189107" target="_blank" >10.3233/JIFS-189107</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Some statistical and CI models to predict chaotic high-frequency financial data

  • Original language description

    To forecast time series data, two methodological frameworks of statistical and computational intelligence modelling are considered. The statistical methodological approach is based on the theory of invertible ARIMA (Auto-Regressive Integrated Moving Average) models with Maximum Likelihood (ML) estimating method. As a competitive tool to statistical forecasting models, we use the popular classic neural network (NN) of perceptron type. To train NN, the Back-Propagation (BP) algorithm and heuristics like genetic and micro-genetic algorithm (GA and MGA) are implemented on the large data set. A comparative analysis of selected learning methods is performed and evaluated. From performed experiments we find that the optimal population size will likely be 20 with the lowest training time from all NN trained by the evolutionary algorithms, while the prediction accuracy level is lesser, but still acceptable by managers.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database

  • CEP classification

  • OECD FORD branch

    10200 - Computer and information sciences

Result continuities

  • Project

    <a href="/en/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Research team for modelling of economic and financial processes at VSB-TU Ostrava</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2020

  • Confidentiality

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

Data specific for result type

  • Name of the periodical

    Journal of Intelligent and Fuzzy Systems

  • ISSN

    1064-1246

  • e-ISSN

  • Volume of the periodical

    39

  • Issue of the periodical within the volume

    5

  • Country of publishing house

    NL - THE KINGDOM OF THE NETHERLANDS

  • Number of pages

    12

  • Pages from-to

    6419-6430

  • UT code for WoS article

    000595520600037

  • EID of the result in the Scopus database

    2-s2.0-85096966737