The Journal of Grey System ›› 2020, Vol. 32 ›› Issue (3): 124-133.

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Taylor Series approximation based Unbiased GM(1,1) Hybrid Statistical Approach for Forecasting Stock Market

  

  • Online:2020-09-16 Published:2021-01-11

Abstract:

Due to the volatility with unstably in the modern finance, the ability of forecasting is notoriously embarrassing and represents a major challenge with traditional time series forecasting methods; especially, most of the available approaches are still weak to forecast future predictions under the unbalanced frameworks. The purpose of this current study is to propose a Taylor Series approximation based Unbiased GM(1,1) Hybrid approach (HTS_UGM(1,1)) to handle incomplete, noise and uncertain data in multidisciplinary systems.