The Evolution of Grey Forecasting and its Application on Stock Price Prediction
Year: 2014
Type: article
Abstract: Since Grey theory proposed by Prof. Deng [1], it has been widely applied in many fields. The traditional grey forecasting model, which is termed GM (1, 1), starts from accumulation of raw data to form a simple monotonic series. Based on this new series, the coefficients of discretilization of first order ordinary differential equation (ODE) could be solved by least square method. Then, these coefficients could be substituted into the particular solution of ODE to serve as a predictor. The solution procedure could be found in textbook.
Source: Journal of Stock & Forex Trading
Author: Pei Han Hsin Chun I Chen
Language: English
Field: Decision Sciences
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W2162496830