Forecasting Time Series Movement Direction with Hybrid Methodology

Forecasting the tendencies of time series is a challenging task which gives better understanding. The purpose of this paper is to present the hybrid model of support vector regression associated with Autoregressive Integrated Moving Average which is formulated by hybrid methodology. The proposed mod...

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Main Authors: Salwa Waeto, Khanchit Chuarkham, Arthit Intarasit
Format: Article
Language:English
Published: Wiley 2017-01-01
Series:Journal of Probability and Statistics
Online Access:http://dx.doi.org/10.1155/2017/3174305
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author Salwa Waeto
Khanchit Chuarkham
Arthit Intarasit
author_facet Salwa Waeto
Khanchit Chuarkham
Arthit Intarasit
author_sort Salwa Waeto
collection DOAJ
description Forecasting the tendencies of time series is a challenging task which gives better understanding. The purpose of this paper is to present the hybrid model of support vector regression associated with Autoregressive Integrated Moving Average which is formulated by hybrid methodology. The proposed model is more convenient for practical usage. The tendencies modeling of time series for Thailand’s south insurgency is of interest in this research article. The empirical results using the time series of monthly number of deaths, injuries, and incidents for Thailand’s south insurgency indicate that the proposed hybrid model is an effective way to construct an estimated hybrid model which is better than the classical time series model or support vector regression. The best forecast accuracy is performed by using mean square error.
format Article
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institution OA Journals
issn 1687-952X
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language English
publishDate 2017-01-01
publisher Wiley
record_format Article
series Journal of Probability and Statistics
spelling doaj-art-e14022b8f12347f188860d231a9cfaf22025-08-20T02:21:01ZengWileyJournal of Probability and Statistics1687-952X1687-95382017-01-01201710.1155/2017/31743053174305Forecasting Time Series Movement Direction with Hybrid MethodologySalwa Waeto0Khanchit Chuarkham1Arthit Intarasit2Department of Mathematics and Computer Science, Faculty of Science and Technology, Prince of Songkla University, Pattani Campus, Pattani 94000, ThailandFaculty of Commerce and Management, Prince of Songkla University, Trang Campus, Trang 92000, ThailandDepartment of Mathematics and Computer Science, Faculty of Science and Technology, Prince of Songkla University, Pattani Campus, Pattani 94000, ThailandForecasting the tendencies of time series is a challenging task which gives better understanding. The purpose of this paper is to present the hybrid model of support vector regression associated with Autoregressive Integrated Moving Average which is formulated by hybrid methodology. The proposed model is more convenient for practical usage. The tendencies modeling of time series for Thailand’s south insurgency is of interest in this research article. The empirical results using the time series of monthly number of deaths, injuries, and incidents for Thailand’s south insurgency indicate that the proposed hybrid model is an effective way to construct an estimated hybrid model which is better than the classical time series model or support vector regression. The best forecast accuracy is performed by using mean square error.http://dx.doi.org/10.1155/2017/3174305
spellingShingle Salwa Waeto
Khanchit Chuarkham
Arthit Intarasit
Forecasting Time Series Movement Direction with Hybrid Methodology
Journal of Probability and Statistics
title Forecasting Time Series Movement Direction with Hybrid Methodology
title_full Forecasting Time Series Movement Direction with Hybrid Methodology
title_fullStr Forecasting Time Series Movement Direction with Hybrid Methodology
title_full_unstemmed Forecasting Time Series Movement Direction with Hybrid Methodology
title_short Forecasting Time Series Movement Direction with Hybrid Methodology
title_sort forecasting time series movement direction with hybrid methodology
url http://dx.doi.org/10.1155/2017/3174305
work_keys_str_mv AT salwawaeto forecastingtimeseriesmovementdirectionwithhybridmethodology
AT khanchitchuarkham forecastingtimeseriesmovementdirectionwithhybridmethodology
AT arthitintarasit forecastingtimeseriesmovementdirectionwithhybridmethodology