To integrate text mining and artificial neural network to forecast gold futures price

Guo Xiang Xu, Ben Chang Shia, Yen Bin Hsu, Po Chih Shen, Kuo Hao Chu

Research output: Chapter in Book/Report/Conference proceedingConference contribution

4 Citations (Scopus)

Abstract

Recently, the gold futures price is under pressure of crude oil and inflation. And its price is always relatively higher, changing fast and difficult to forecast. Therefore, how to forecast the gold futures price is the main topic of this research. This research wants to bring up an artificial neural network model and combined the text mining to demonstrate the model that in some time plots has large scale fluctuation. Hoping this model can forecast the gold futures price from January 2009 to June 2009 to give the investor to make the reference. And compares the forecasting results and time series, the research result shows the artificial neural network model better than the time series model.

Original languageEnglish
Title of host publicationProceedings - 2009 International Conference on New Trends in Information and Service Science, NISS 2009
Pages1014-1020
Number of pages7
DOIs
Publication statusPublished - 2009
Externally publishedYes
Event2009 International Conference on New Trends in Information and Service Science, NISS 2009 - Beijing, China
Duration: Jun 30 2009Jul 2 2009

Other

Other2009 International Conference on New Trends in Information and Service Science, NISS 2009
CountryChina
CityBeijing
Period6/30/097/2/09

Fingerprint

Gold
Neural networks
Time series
Crude oil

ASJC Scopus subject areas

  • Computer Science Applications
  • Software

Cite this

Xu, G. X., Shia, B. C., Hsu, Y. B., Shen, P. C., & Chu, K. H. (2009). To integrate text mining and artificial neural network to forecast gold futures price. In Proceedings - 2009 International Conference on New Trends in Information and Service Science, NISS 2009 (pp. 1014-1020). [5260694] https://doi.org/10.1109/NISS.2009.239

To integrate text mining and artificial neural network to forecast gold futures price. / Xu, Guo Xiang; Shia, Ben Chang; Hsu, Yen Bin; Shen, Po Chih; Chu, Kuo Hao.

Proceedings - 2009 International Conference on New Trends in Information and Service Science, NISS 2009. 2009. p. 1014-1020 5260694.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Xu, GX, Shia, BC, Hsu, YB, Shen, PC & Chu, KH 2009, To integrate text mining and artificial neural network to forecast gold futures price. in Proceedings - 2009 International Conference on New Trends in Information and Service Science, NISS 2009., 5260694, pp. 1014-1020, 2009 International Conference on New Trends in Information and Service Science, NISS 2009, Beijing, China, 6/30/09. https://doi.org/10.1109/NISS.2009.239
Xu GX, Shia BC, Hsu YB, Shen PC, Chu KH. To integrate text mining and artificial neural network to forecast gold futures price. In Proceedings - 2009 International Conference on New Trends in Information and Service Science, NISS 2009. 2009. p. 1014-1020. 5260694 https://doi.org/10.1109/NISS.2009.239
Xu, Guo Xiang ; Shia, Ben Chang ; Hsu, Yen Bin ; Shen, Po Chih ; Chu, Kuo Hao. / To integrate text mining and artificial neural network to forecast gold futures price. Proceedings - 2009 International Conference on New Trends in Information and Service Science, NISS 2009. 2009. pp. 1014-1020
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