New Neural Network Based on Ant Colony Algorithm for Financial Data Forecasting

  • Authors:
  • W. Gao

  • Affiliations:
  • -

  • Venue:
  • IIH-MSP '08 Proceedings of the 2008 International Conference on Intelligent Information Hiding and Multimedia Signal Processing
  • Year:
  • 2008

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Abstract

The financial system is generally a very complicated system. So, it is very hard to predict its data. For example, it is a hard work to forecast the stock market. Here, from analyses the mathematic description of stock market system, a new forecasting method based on new evolutionary neural network is proposed here. In this new evolutionary neural network, the traditional BP algorithm and a new bionics algorithm-immune continuous ant colony algorithm proposed by author is combined. In order to verify this new prediction method, the stock market data of Shanghai market in 1996 is used. The results show that, our new method is very good to real practice.