Research Article
A Hybrid Approach Integrating Multiple ICEEMDANs, WOA, and RVFL Networks for Economic and Financial Time Series Forecasting
Table 4
The root mean squared error (RMSE) values of different prediction models.
| Dataset | Horizon | MICEEMDAN -WOA-RVFL | RW | LSSVR | BPNN | ICEEMDAN -RW | ICEEMDAN -LSSVR | ICEEMDAN -BPNN |
| WTI | 1 | 0.2715 | 1.3196 | 1.3228 | 1.3744 | 1.8134 | 0.3467 | 0.4078 | 3 | 0.5953 | 2.1784 | 2.1929 | 2.2867 | 2.5041 | 0.6754 | 0.7620 | 6 | 0.8146 | 3.0737 | 3.1271 | 3.1845 | 3.2348 | 0.8692 | 0.9462 |
| USD/EUR | 1 | 0.0009 | 0.0051 | 0.0052 | 0.0052 | 0.0099 | 0.0015 | 0.0016 | 3 | 0.0022 | 0.0091 | 0.0092 | 0.0092 | 0.0129 | 0.0031 | 0.0031 | 6 | 0.0033 | 0.0127 | 0.0128 | 0.0127 | 0.0154 | 0.0047 | 0.0046 |
| IP | 1 | 0.2114 | 0.7528 | 0.8441 | 0.8230 | 0.8205 | 0.3861 | 0.4175 | 3 | 0.3875 | 1.4059 | 1.8553 | 1.8311 | 1.4401 | 0.5533 | 0.5294 | 6 | 0.5340 | 2.4459 | 3.6015 | 2.8116 | 2.4569 | 0.6408 | 0.8264 |
| SSEC | 1 | 10.8115 | 50.0742 | 49.8800 | 50.8431 | 63.3951 | 12.6460 | 13.7928 | 3 | 22.2983 | 89.1834 | 88.5290 | 89.1781 | 93.2887 | 25.2526 | 29.7784 | 6 | 35.7201 | 131.6386 | 131.3487 | 133.5647 | 137.2598 | 40.4357 | 49.6341 |
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