Title :
The gray disaster forecast of stock market
Author :
Jianguo, Cui ; Yaogu, Dang
Author_Institution :
Sch. of Econ. & Manage., Nanjing Univ. of Aeronaut. & Astronaut., Nanjing, China
Abstract :
In this paper, GM (l, 1) model in gray system theory is used to predict the weeks closing price on the Shanghai and Shenzhen 300 Index fell more than 2.5% and the months closing price fell more than 10%. The results showed that the accuracy of predictive value met the requirements and it indicates that the model can be used for the disaster forecast for the Shanghai and Shenzhen index in long-term and medium-term.
Keywords :
grey systems; stock markets; closing price; gray disaster forecast; gray system theory; predictive value; stock market; Accuracy; Chaos; Differential equations; Economic forecasting; Intelligent systems; Power system modeling; Prediction methods; Predictive models; Stock markets; Testing;
Conference_Titel :
Grey Systems and Intelligent Services, 2009. GSIS 2009. IEEE International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-4244-4914-9
Electronic_ISBN :
978-1-4244-4916-3
DOI :
10.1109/GSIS.2009.5408229
