The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
Artificial Higher Order Neural Networks in Time Series Prediction
Abstract
Real world problems are described by nonlinear and chaotic processes, which makes them hard to model and predict. This chapter first compares the neural network (NN) and the artificial higher order neural network (HONN) and then presents commonly known neural network architectures and a number of HONN architectures. The time series prediction problem is formulated as a system identification problem, where the input to the system is the past values of a time series, and its desired output is the future values of a time series. The polynomial neural network (PNN) is then chosen as the HONN for application to the time series prediction problem. This chapter presents the application of HONN model to the nonlinear time series prediction problems of three major international currency exchange rates, as well as two key U.S. interest rates—the Federal funds rate and the yield on the 5-year U.S. Treasury note. Empirical results indicate that the proposed method is competitive with other approaches for the exchange rate problem, and can be used as a feasible solution for interest rate forecasting problem. This implies that the HONN model can be used as a feasible solution for exchange rate forecasting as well as for interest rate forecasting.
Related Content
Vinod Kumar, Himanshu Prajapati, Sasikala Ponnusamy.
© 2023.
18 pages.
|
Sougatamoy Biswas.
© 2023.
14 pages.
|
Ganga Devi S. V. S..
© 2023.
10 pages.
|
Gotam Singh Lalotra, Ashok Sharma, Barun Kumar Bhatti, Suresh Singh.
© 2023.
15 pages.
|
Nimish Kumar, Himanshu Verma, Yogesh Kumar Sharma.
© 2023.
16 pages.
|
R. Soujanya, Ravi Mohan Sharma, Manish Manish Maheshwari, Divya Prakash Shrivastava.
© 2023.
12 pages.
|
Nimish Kumar, Himanshu Verma, Yogesh Kumar Sharma.
© 2023.
22 pages.
|
|
|