USING SOME MACHINE LEARNING METHODS FOR TIME SERIES FORECASTING
Main Article Content
Abstract
Gold is considered critical in the economy, especially in assessing the inflation index of the economy. Several machine learning methods were applied in time series data using ARIMA and SARIMA models to forecast future gold prices. We conducted a series of experiments and evaluated the proposed models as well as analyzing the factor variables of time series to find the best results to increase predictive performance.
Keywords
gold price prediction, machine learning, ARIMA and SARIMA models
Article Details
References
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Changshou, L., & Liying Z., & Qingfeng W. (2003). Application of SARIMA Model in Cucumber Price Forecast. Applied Mechanics and Materials, 373-375, 1686-1690.
Chen, H. H., & Chen, M. Ch., & Chiu, C. Ch. (2014). The Integration of Artificial Neural Networks and Text Mining to Forecast Gold Futures Prices. Commun Stat Simul Comput. Retrieved June 15, 2021, from https://doi.org/10.1080/03610918.2013.786780
Futian, W., & Yinhao, C., & Zheng, W., & Muzhou H., & Jianshu L., & Zhongchu, T.(2020). Gold price forecasting research based on an improved online extreme learning machine algorithm. Journal of Ambient Intelligence and Humanized Computing, 11, 4101-4111.
Hussein, S. F. M., & Shah, M. B. N., & Jalal, M. R., & Abdullah, S. (2011). Gold Price Prediction Using Radial Basis Function Neural Network. Institute of Electrical and Electronics Engineers (IEEE). Fourth International Conference on Modeling, Simulation and Applied Optimization. Retrieved June 15, 2021, from https://10.1109/ICMSAO.2011.5775457
Vu, T. N. (2004). Ung dung cac thuat toan may hoc trong phân tích dự báo [Application of machine learning algorithms in predictive analytics]. VNUHCM Journal of Science and Technology Development, (1).
Peter, G. (2003). Time series forecasting using a hybrid ARIMA and neural network model. Neurocomputing, 50, 159-175.
Sami, I., & Junejo, K. N. (2017). Predicting future gold rates using machine learning approach. Int J Adv Comput Sci Appl, 8(12).
Sami, I., & Junejo, K. N. (2017). Predicting Future Gold Rates Using Machine Learning Approach. Int J Adv Comput Sci Appl., 8(12). Retrieved June 15, 2021, from https://doi.org/10.14569/IJACSA.2017.081213
Williams, S. (2018). 7 common factors that influence gold prices. Retrieved from The Motley fool. Retrieved May 20, 2021, from https://www.fool.com/investing/2016/10/13/7-common-factors-that-influence-gold-prices.aspx