Application of Empirical Mode Decomposition with Local Linear Quantile Regression in Financial Time Series Forecasting

This paper mainly forecasts the daily closing price of stock markets. We propose a two-stage technique that combines the empirical mode decomposition (EMD) with nonparametric methods of local linear quantile (LLQ). We use the proposed technique, EMD-LLQ, to forecast two stock index time series. Deta...

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Bibliographic Details
Main Authors: Abobaker M. Jaber, Mohd Tahir Ismail, Alsaidi M. Altaher
Format: Article
Language:English
Published: Wiley 2014-01-01
Series:The Scientific World Journal
Online Access:http://dx.doi.org/10.1155/2014/708918
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