Modeling and Computing of Stock Index Forecasting Based on Neural Network and Markov Chain
Joint Authors
Dai, Yonghui
Han, Dongmei
Dai, Weihui
Source
Issue
Vol. 2014, Issue 2014 (31 Dec. 2014), pp.1-9, 9 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2014-03-23
Country of Publication
Egypt
No. of Pages
9
Main Subjects
Medicine
Information Technology and Computer Science
Abstract EN
The stock index reflects the fluctuation of the stock market.
For a long time, there have been a lot of researches on the forecast of stock index.
However, the traditional method is limited to achieving an ideal precision in the dynamic market due to the influences of many factors such as the economic situation, policy changes, and emergency events.
Therefore, the approach based on adaptive modeling and conditional probability transfer causes the new attention of researchers.
This paper presents a new forecast method by the combination of improved back-propagation (BP) neural network and Markov chain, as well as its modeling and computing technology.
This method includes initial forecasting by improved BP neural network, division of Markov state region, computing of the state transition probability matrix, and the prediction adjustment.
Results of the empirical study show that this method can achieve high accuracy in the stock index prediction, and it could provide a good reference for the investment in stock market.
American Psychological Association (APA)
Dai, Yonghui& Han, Dongmei& Dai, Weihui. 2014. Modeling and Computing of Stock Index Forecasting Based on Neural Network and Markov Chain. The Scientific World Journal،Vol. 2014, no. 2014, pp.1-9.
https://search.emarefa.net/detail/BIM-1048372
Modern Language Association (MLA)
Han, Dongmei…[et al.]. Modeling and Computing of Stock Index Forecasting Based on Neural Network and Markov Chain. The Scientific World Journal No. 2014 (2014), pp.1-9.
https://search.emarefa.net/detail/BIM-1048372
American Medical Association (AMA)
Dai, Yonghui& Han, Dongmei& Dai, Weihui. Modeling and Computing of Stock Index Forecasting Based on Neural Network and Markov Chain. The Scientific World Journal. 2014. Vol. 2014, no. 2014, pp.1-9.
https://search.emarefa.net/detail/BIM-1048372
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1048372