English

A Hybrid Forecast of Exchange Rate based on Discrete Grey-Markov and Grey Neural Network Model

Computational Engineering, Finance, and Science 2012-07-11 v1

Abstract

We propose a hybrid forecast model based on discrete grey-fuzzy Markov and grey neural network model and show that our hybrid model can improve much more the performance of forecast than traditional grey-Markov model and neural network models. Our simulation results are shown that our hybrid forecast method with the combinational weight based on optimal grey relation degree method is better than the hybrid model with combinational weight based minimization of error-squared criterion.

Keywords

Cite

@article{arxiv.1207.2254,
  title  = {A Hybrid Forecast of Exchange Rate based on Discrete Grey-Markov and Grey Neural Network Model},
  author = {Gol Kim and Ri Suk Yun},
  journal= {arXiv preprint arXiv:1207.2254},
  year   = {2012}
}