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

doi:10.1109/NISS.2009.239

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 proceeding › Conference contribution

8 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 language	English
Title of host publication	Proceedings - 2009 International Conference on New Trends in Information and Service Science, NISS 2009
Pages	1014-1020
Number of pages	7
DOIs	https://doi.org/10.1109/NISS.2009.239
Publication status	Published - 2009
Externally published	Yes
Event	2009 International Conference on New Trends in Information and Service Science, NISS 2009 - Beijing, China Duration: Jun 30 2009 → Jul 2 2009

Publication series

Name	Proceedings - 2009 International Conference on New Trends in Information and Service Science, NISS 2009

Other

Other	2009 International Conference on New Trends in Information and Service Science, NISS 2009
Country/Territory	China
City	Beijing
Period	6/30/09 → 7/2/09

ASJC Scopus subject areas

Computer Science Applications
Software

Access to Document

10.1109/NISS.2009.239

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

Research output: Chapter in Book/Report/Conference proceeding › Conference 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, Proceedings - 2009 International Conference on New Trends in Information and Service Science, NISS 2009, 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. (Proceedings - 2009 International Conference on New Trends in Information and Service Science, NISS 2009). doi: 10.1109/NISS.2009.239

Xu, Guo Xiang ; Shia, Ben Chang ; Hsu, Yen Bin et al. / 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 (Proceedings - 2009 International Conference on New Trends in Information and Service Science, NISS 2009).

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title = "To integrate text mining and artificial neural network to forecast gold futures price",

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.",

author = "Xu, {Guo Xiang} and Shia, {Ben Chang} and Hsu, {Yen Bin} and Shen, {Po Chih} and Chu, {Kuo Hao}",

year = "2009",

doi = "10.1109/NISS.2009.239",

language = "English",

isbn = "9780769536873",

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AB - 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.

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

Abstract

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