• DocumentCode
    1230874
  • Title

    On-demand forecasting of stock prices using a real-time predictor

  • Author

    Wang, Yi-Fan

  • Author_Institution
    Dept. of Inf. Manage., Chang Gung Inst. of Technol., Taoyuan, Taiwan
  • Volume
    15
  • Issue
    4
  • fYear
    2003
  • Firstpage
    1033
  • Lastpage
    1037
  • Abstract
    This paper presents a fuzzy stochastic prediction method for real-time predicting of stock prices. A complete contrast to the crisp stochastic method, it requires a fuzzy linguistic summary approach to computing parameters. This approach, which is found to be better than the gray prediction method, can eliminate outliers and limit the data to a normal condition for prediction, with a comparatively very small deviation of 4.5 percent.
  • Keywords
    costing; forecasting theory; fuzzy systems; real-time systems; stochastic processes; stock markets; crisp stochastic method; fuzzy linguistic summary approach; fuzzy stochastic prediction method; gray prediction method; on-demand stock price forecasting; real-time predictor; Application software; Artificial neural networks; Computer crashes; Fluctuations; Fuzzy sets; Prediction methods; Predictive models; Stochastic processes; Stochastic resonance; Vehicle crash testing;
  • fLanguage
    English
  • Journal_Title
    Knowledge and Data Engineering, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    1041-4347
  • Type

    jour

  • DOI
    10.1109/TKDE.2003.1209017
  • Filename
    1209017