• DocumentCode
    3208030
  • Title

    Forecasting the IBOVESPA using NARX networks and random walk model

  • Author

    Oliveira, Eleonora Ma Jesus ; Ludermir, Teresa B.

  • Author_Institution
    Centro de Informatica, Fed. Univ. of Pernambuco, Recife, Brazil
  • fYear
    2002
  • fDate
    2002
  • Firstpage
    115
  • Abstract
    The objective of this work was to apply an important class of nonlinear systems for discrete time, called NARX networks, to carry through accurate forecasts of the daily maximum price series in the IBOVESPA, since it depends on random, nonlinear and multivariate factors, making it difficult to forecast using the conventional techniques.
  • Keywords
    autoregressive processes; financial data processing; neural nets; random processes; stock markets; time series; IBOVESPA; daily maximum price; discrete time systems; financial market; multivariate nonlinear systems; neural networks; time series forecast; Delay effects; Least squares methods; Manipulator dynamics; Neural networks; Neurons; Newton method; Nonlinear systems; Predictive models; Recursive estimation; Surges;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Neural Networks, 2002. SBRN 2002. Proceedings. VII Brazilian Symposium on
  • Print_ISBN
    0-7695-1709-9
  • Type

    conf

  • DOI
    10.1109/SBRN.2002.1181449
  • Filename
    1181449