TY - GEN
T1 - A hybrid method for time series prediction using EMD and SVR
AU - Bican, Bahadir
AU - Yaslan, Yusuf
PY - 2014
Y1 - 2014
N2 - Forecasting in several areas such as stock price, electricity power consumption, tourist arrival rates or capacity planning allows us to give decisions for future events. The rising up or falling down of the values can support researchers, economists or investors while giving their important decisions. This study aims to forecast the directional movements of electricity load demands and evaluates the performance on 3 load datasets. In experimental results, the proposed Empirical Mode Decomposition (EMD) and Support Vector Regression (SVR) based hybrid method is compared with single SVR. It is observed that the proposed EMD-SVR method outperforms the single SVR performance on direction measurements including Direction Accuracy, Correct Up and Correct Down trends.
AB - Forecasting in several areas such as stock price, electricity power consumption, tourist arrival rates or capacity planning allows us to give decisions for future events. The rising up or falling down of the values can support researchers, economists or investors while giving their important decisions. This study aims to forecast the directional movements of electricity load demands and evaluates the performance on 3 load datasets. In experimental results, the proposed Empirical Mode Decomposition (EMD) and Support Vector Regression (SVR) based hybrid method is compared with single SVR. It is observed that the proposed EMD-SVR method outperforms the single SVR performance on direction measurements including Direction Accuracy, Correct Up and Correct Down trends.
KW - empirical mode decomposition
KW - forecasting
KW - regression analysis
KW - support vector machines
KW - Time series analysis
UR - http://www.scopus.com/inward/record.url?scp=84906739545&partnerID=8YFLogxK
U2 - 10.1109/ISCCSP.2014.6877938
DO - 10.1109/ISCCSP.2014.6877938
M3 - Conference contribution
AN - SCOPUS:84906739545
SN - 9781479928903
T3 - ISCCSP 2014 - 2014 6th International Symposium on Communications, Control and Signal Processing, Proceedings
SP - 566
EP - 569
BT - ISCCSP 2014 - 2014 6th International Symposium on Communications, Control and Signal Processing, Proceedings
PB - IEEE Computer Society
T2 - 6th International Symposium on Communications, Control and Signal Processing, ISCCSP 2014
Y2 - 21 May 2014 through 23 May 2014
ER -