Title :
A hybrid approach to fuzzy risk analysis in stock market
Author :
Shigang Liu ; Min Gan ; Honghua Dai
Author_Institution :
Sch. of Inf. Technol., Deakin Univ., Melbourne, VIC, Australia
Abstract :
The analysis and prediction of stock market has always been well recognized as a difficult problem due to the level of uncertainty and the factors that affect the price. To tackle this challenge problem, this paper proposed a hybrid approach which mines the useful information utilizing grey system and fuzzy risk analysis in stock prices prediction. In this approach, we firstly provide a model which contains the fuzzy function, k-mean algorithm and grey system (shorted for FKG), then provide the model of fuzzy risk analysis (FRA). A practical example to describe the development of FKG and FRA in stock market is given, and the analytical results provide an evaluation of the method which shows promote results.
Keywords :
economic forecasting; fuzzy set theory; grey systems; pricing; risk management; stock markets; FKG; FRA; fuzzy function; fuzzy risk analysis; grey system; k-mean algorithm; stock market analysis; stock market prediction; stock prices prediction; uncertainty level; Grey system risk analysis equity risk prediction;
Conference_Titel :
Fuzzy Systems and Knowledge Discovery (FSKD), 2013 10th International Conference on
Conference_Location :
Shenyang
DOI :
10.1109/FSKD.2013.6816210