Skip to Main content Skip to Navigation
Conference papers

Intuitionistic Fuzzy Neural Network for Time Series Forecasting - The Case of Metal Prices

Abstract : Forecasting time series is an important problem addressed for years. Despite that, it still raises an active interest of researchers. The main issue related to that problem is the inherent uncertainty in data which is hard to be represented in the form of a forecasting model. To solve that issue, a fuzzy model of time series was proposed. Recent developments of that model extend the level of uncertainty involved in data using intuitionistic fuzzy sets. It is, however, worth noting that additional fuzziness exhibits nonlinear behavior. To cope with that issue, we propose a time series model that represents both high uncertainty and non-linearity involved in the data. Specifically, we propose a forecasting model integrating intuitionistic fuzzy sets with neural networks for predicting metal prices. We validate our approach using five financial multivariate time series. The results are compared with those produced by state-of-the-art fuzzy time series models. Thus, we provide solid evidence of high effectiveness of our approach for both one- and five-day-ahead forecasting horizons.
Document type :
Conference papers
Complete list of metadata

https://hal.inria.fr/hal-03287696
Contributor : Hal Ifip Connect in order to contact the contributor
Submitted on : Thursday, July 15, 2021 - 6:11:52 PM
Last modification on : Sunday, November 14, 2021 - 6:00:08 PM
Long-term archiving on: : Saturday, October 16, 2021 - 7:08:52 PM

File

 Restricted access
To satisfy the distribution rights of the publisher, the document is embargoed until : 2024-01-01

Please log in to resquest access to the document

Licence


Distributed under a Creative Commons Attribution 4.0 International License

Identifiers

Citation

Petr Hajek, Vladimir Olej, Wojciech Froelich, Josef Novotny. Intuitionistic Fuzzy Neural Network for Time Series Forecasting - The Case of Metal Prices. 17th IFIP International Conference on Artificial Intelligence Applications and Innovations (AIAI), Jun 2021, Hersonissos, Crete, Greece. pp.411-422, ⟨10.1007/978-3-030-79150-6_33⟩. ⟨hal-03287696⟩

Share

Metrics

Record views

43