Research Article

Forecasting Financial Crashes: Revisit to Log-Periodic Power Law

Table 4

LPPL parameters of the best fit.

IndexRMSE

NASDAQ8.5382−0.0059−0.17870.87715.0295406.35962.71650.0415
NIKKEI10.6084−0.0026−0.10570.84305.8084559.04525.22270.0239
HSI10.1877−0.0175−0.05270.56635.1246846.00014.68710.0290
SSEC8.7598−0.00830.19610.79855.1113638.07361.58970.0379