Prediction of the outputs of real world systems with accuracy and high speed is crucial in financial analysis due to its effects on worldwide economics. Because the inputs of the financial systems are timevarying functions, the development of algorithms and methods for modeling such systems cannot be neglected. The most appropriate forecasting model for the ISE national-100 index was investigated. Box- Jenkins autoregressive integrated moving average (ARIMA) and artificial neural networks (ANN) are considered by using several evaluations. Results showed that the ANN model with linear architecture better fits the candidate data.
Ozdemir, Ozer; Aslanargun, Atilla; and Asma, Senay
"ANN Forecasting Models for ISE National-100 Index,"
Journal of Modern Applied Statistical Methods:
2, Article 25.
Available at: http://digitalcommons.wayne.edu/jmasm/vol9/iss2/25