• DocumentCode
    461486
  • Title

    Study on Theory of the Grey Markov Chain Method and Its Application

  • Author

    Cuifeng Li

  • Author_Institution
    Net center of, Zhejiang Business Technology Institute, Ningbo, China. Phone: 13989368008, E-mail: cuicui107@hotmail.com
  • fYear
    2006
  • fDate
    Oct. 2006
  • Firstpage
    1742
  • Lastpage
    1746
  • Abstract
    Against the uncertainty of stock price, this paper carried out the grey markov forecasting model which build up the adjusting grey model and markov chain model to forecast the stock price in Shanghai. This forecast bases on the analysis of the data in past days and gives the forecast result of stock price on April 30. The practical application results show the effectiveness of the proposed approach.
  • Keywords
    Data analysis; Data engineering; Differential equations; Electronic mail; Information systems; Predictive models; Random sequences; Systems engineering and theory; Technology forecasting; Uncertainty; Grey model; Markov chain; Prediction; Stock price; Transition probability;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Computational Engineering in Systems Applications, IMACS Multiconference on
  • Conference_Location
    Beijing, China
  • Print_ISBN
    7-302-13922-9
  • Electronic_ISBN
    7-900718-14-1
  • Type

    conf

  • DOI
    10.1109/CESA.2006.313594
  • Filename
    4105660