Unknown

Dataset Information

0

Calculation and realization of new method grey residual error correction model.


ABSTRACT: Aiming at the problem of prediction accuracy of stochastic volatility series, this paper proposes a method to optimize the grey model(GM(1,1)) from the perspective of residual error. In this study, a new fitting method is firstly used, which combines the wavelet function basis and the least square method to fit the residual data of the true value and the predicted value of the grey model(GM(1,1)). The residual prediction function is constructed by using the fitting method. Then, the prediction function of the grey model(GM(1,1)) is modified by the residual prediction function. Finally, an example of the wavelet residual-corrected grey prediction model (WGM) is obtained. The test results show that the fitting accuracy of the wavelet residual-corrected grey prediction model has irreplaceable advantages.

SUBMITTER: Xiao L 

PROVIDER: S-EPMC8289091 | biostudies-literature | 2021

REPOSITORIES: biostudies-literature

altmetric image

Publications

Calculation and realization of new method grey residual error correction model.

Xiao Lifang L   Chen Xiangyang X   Wang Hao H  

PloS one 20210719 7


Aiming at the problem of prediction accuracy of stochastic volatility series, this paper proposes a method to optimize the grey model(GM(1,1)) from the perspective of residual error. In this study, a new fitting method is firstly used, which combines the wavelet function basis and the least square method to fit the residual data of the true value and the predicted value of the grey model(GM(1,1)). The residual prediction function is constructed by using the fitting method. Then, the prediction f  ...[more]

Similar Datasets

| S-EPMC6280799 | biostudies-literature
| S-EPMC10150472 | biostudies-literature
| S-EPMC11393307 | biostudies-literature
| S-EPMC10213493 | biostudies-literature
| S-SCDT-10_1038-S44321-024-00115-0 | biostudies-other
| S-EPMC4366238 | biostudies-literature
| S-EPMC10449871 | biostudies-literature
| S-EPMC11639150 | biostudies-literature
| S-EPMC9253484 | biostudies-literature
| S-EPMC8639721 | biostudies-literature