• DocumentCode
    2303103
  • Title

    Notice of Retraction
    A Modified Model of Fuzzy Time Series for Forecasting Exchange Rates

  • Author

    Kai Chi ; Fang-Ping Fu ; Wen-Gang Che

  • Author_Institution
    Sch. of Inf. Eng. & Autom., Kunming Univ. of Sci. & Technol., Kunming, China
  • Volume
    3
  • fYear
    2010
  • fDate
    6-7 March 2010
  • Firstpage
    40
  • Lastpage
    43
  • Abstract
    Notice of Retraction

    After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

    We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

    The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

    Financial forecasting has become an important and challenging task for both researchers and investors. In order to improve the forecasting accuracy rate, in this paper, a modified heuristic model of fuzzy time series using FCM is proposed. Using the daily prices of USD/JPY and USD/CHY exchange rates as testing data, the empirical results show that the proposed method is able to get better forecasting results and higher accuracy than those of traditional econometric methods and some existing models of fuzzy time series.
  • Keywords
    exchange rates; fuzzy logic; fuzzy set theory; pattern clustering; time series; FCM; USD-CHY exchange rate; USD-JPY exchange rate; exchange rates forecast; forecasting accuracy rate; fuzzy c-means clustering algorithm; fuzzy time series; modified heuristic model; testing data; Autoregressive processes; Computer science education; Econometrics; Economic forecasting; Educational technology; Exchange rates; Fuzzy logic; Fuzzy sets; Predictive models; Technology forecasting; exchange rate; forecasting; fuzzy c-means clustering; fuzzy time series; heuristic model;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Education Technology and Computer Science (ETCS), 2010 Second International Workshop on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-6388-6
  • Type

    conf

  • DOI
    10.1109/ETCS.2010.120
  • Filename
    5460027