Proceedings of the 2013 International Conference on Information, Business and Education Technology (ICIBET 2013)

Managerial Forecasting System Based on RBF Neural Network for Financial Data

Authors
Dusan Marcek
Corresponding Author
Dusan Marcek
Available Online March 2013.
DOI
10.2991/icibet.2013.18How to use a DOI?
Abstract

Forecasting systems are applied which are based on the latest statistical theory and artificial neural networks. The impact of these methods to risk reduction is judged in managerial decision-making. The fundamental question arises whether non-linear methods like neural networks can help modeling any non-linearities being inherent within the estimated statistical model. The proposed novel modeling approach is applied to high frequency time series of EUR/USD exchange rates (EUR currency against the US dollar. Our results show that the proposed neural approach achieves better forecast accuracy on the validation dataset than most available statistical techniques.

Copyright
© 2013, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

Volume Title
Proceedings of the 2013 International Conference on Information, Business and Education Technology (ICIBET 2013)
Series
Advances in Intelligent Systems Research
Publication Date
March 2013
ISBN
978-90-78677-57-4
ISSN
1951-6851
DOI
10.2991/icibet.2013.18How to use a DOI?
Copyright
© 2013, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Dusan Marcek
PY  - 2013/03
DA  - 2013/03
TI  - Managerial Forecasting System Based on RBF Neural Network for Financial Data
BT  - Proceedings of the 2013 International Conference on Information, Business and Education Technology (ICIBET 2013)
PB  - Atlantis Press
SP  - 82
EP  - 85
SN  - 1951-6851
UR  - https://doi.org/10.2991/icibet.2013.18
DO  - 10.2991/icibet.2013.18
ID  - Marcek2013/03
ER  -