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title:
 
Neural-Network-based Metamodeling for Financial Time Series Forecasting
publication:
 
JCIS-2006 Proceedings
part of series:
  Advances in Intelligent Systems Research
ISBN:
  978-90-78677-01-7
ISSN:
  1951-6851
DOI:
  doi:10.2991/jcis.2006.172 (how to use a DOI)
author(s):
 
Kin Keung Lai, Lean YU, Shouyang Wang, Chengxiong Zhou
publication date:
 
October 2006
keywords:
 
Metamodeling, neural network, financial time series forecasting, cross-validation
abstract:
 
In the financial time series forecasting field, the problem that we often encountered is how to increase the predict accuracy as possible using the noisy financial data. In this study, we discuss the use of supervised neural networks as the metamodeling technique to design a financial time series forecasting system to solve this problem. First of all, a cross-validation technique is used to generate different training subsets. Based on the different training subsets, the different neural predictors with different initial conditions or training algorithms is then trained to formulate different forecasting models, i.e., base models. Finally, a neural-network-based metamodel can be produced by learning from all base models so as to improve the model accuracy. For verification, two real-world financial time series is used for testing.
copyright:
 
© Atlantis Press. This article is distributed under the terms of the Creative Commons Attribution License, which permits non-commercial use, distribution and reproduction in any medium, provided the original work is properly cited.
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