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...
| Published in: | The Scientific World Journal |
|---|---|
| Main Authors: | , , |
| Format: | Article |
| Language: | English |
| Published: |
Wiley
2014-01-01
|
| Online Access: | http://dx.doi.org/10.1155/2014/708918 |