On-Demand Forecasting of Stock Prices Using a Real-Time Predictor

  • Authors:
  • Yi-Fan Wang

  • Affiliations:
  • IEEE

  • Venue:
  • IEEE Transactions on Knowledge and Data Engineering
  • Year:
  • 2003

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Abstract

This paper presents a fuzzy stochastic prediction method for real-time predicting of stock prices. A complete contrast to the crisp stochastic method, it requires a fuzzy linguistic summary approach to computing parameters. This approach, which is found to be better than the gray prediction method, can eliminate outliers and limit the data to a normal condition for prediction, with a comparatively very small deviation of 4.5 percent.